Carnival Corporation & plc, the Anglo-American cruise shipping group, said that Carnival Corporation, its Panama domiciled and US listed holding company, has closed its previously announced registered direct offering of 10.4 million shares of its common stock at a price of $17.59 per share to a holder of its 5.75% Convertible Senior Notes due 2023.

“The Corporation used the proceeds from this closing to repurchase $90.8 million principal amount of its Convertible Notes in a privately negotiated transaction,” the company said in a statement.

Following the repurchase, an aggregate of $536.7 million principal amount of the convertible notes will remain outstanding.

Photo: New York Stock Exchange