Carnival Corporation & plc, the world’s largest cruise shipping group, said Carnival Corporation has filed a prospectus supplement with the U.S. Securities and Exchange Commission under which it may offer and sell shares of its common stock, through any of its sales agents having an aggregate offering price of up to $1.0 billion from time to time through an “at-the-market” equity offering programme.
Carnival Corporation, which is the Panama domiciled and US listed part of the group, said it expects to use the net proceeds from sales of shares under the ATM offering for general corporate purposes.
“The timing of any sales will depend on a variety of factors. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc. and 12 other financial institutions are acting as sales agents under the ATM Offering. PJT Partners is serving as independent financial advisor to Carnival Corporation,” the company said.
