Carnival Corporation & plc, the world’s largest cruise shipping company, said that its two listed holding companies would suspend dividend payments.
The company said that it has commenced an underwritten public offering of shares of common stock of Carnival Corporation, suspending the payment of dividends on the common stock of Carnival Corporation and the ordinary shares of Carnival plc.
Carnival Corporation is the Panama domiciled and US listed holding company of the group and Carnival plc is domiciled in the UK and listed in London. The two companies trade as a single entity and their boards comprise same members.
