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Benzinga
Benzinga
Business
Shivani Kumaresan

Carnival Extends Time For Equity Offering

  • Carnival Corp (NYSE:CCL) has extended its share purchase program until April 30, 2022, under the same terms, from the previous date of January 31, 2022.
  • The company had offered to sell shares of its common stock through its agent BofA Securities, having an aggregate offering price of up to $500 million.
  • As announced earlier, Carnival intends to use the offering net proceeds to purchase an equivalent number of Carnival plc ordinary shares and general corporate purposes.
  • Price Action: CCL shares traded higher by 4.05% at $19.75 on the last check Monday.
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