MIAMI, April 6, 2020 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL NYSE: CUK), the world’s largest leisure journey company, right now announced that Carnival Corporation (the “Corporation”) has shut its registered public presenting of 71,875,000 shares of widespread inventory of the Corporation at a price tag of $eight.00 per share (which include nine,375,000 shares of widespread inventory of the Corporation offered pursuant to the whole exercise by the underwriters of their solution to purchase further shares). The Corporation expects to use the net proceeds from the presenting for basic corporate purposes.

The Corporation also announced right now by separate push release that it has shut its earlier announced non-public presenting to skilled institutional buyers of $one.95 billion combination principal total of five.seventy five% convertible senior notes due 2023 (the “Convertible Notes”), which include $200 million combination principal total of the Convertible Notes offered pursuant to the partial exercise by the preliminary purchasers of their solution to purchase further Convertible Notes. The Corporation has granted the preliminary purchasers of the Convertible Notes an solution to purchase on or ahead of April 18, 2020, up to an further $62.five million combination principal total of Convertible Notes, right after supplying effect to the partial exercise of the solution described higher than. The closing of the Corporation’s earlier announced non-public presenting to suitable purchasers of $four billion combination principal total of 11.500% first-priority senior secured notes due 2023 is anticipated to acquire spot on April eight, 2020, subject to customary closing ailments. Very little contained herein shall represent an supply to promote or the solicitation of an supply to invest in the Convertible Notes or the first-priority senior secured notes.

BofA Securities, Goldman Sachs & Co. LLC and J.P. Morgan acted as joint e book-functioning professionals for the widespread inventory presenting. A shelf registration statement relating to these securities has been submitted with the U.S. Securities and Exchange Commission (“SEC“) and has become powerful. The widespread inventory presenting was produced only by indicates of a prospectus complement and an accompanying foundation prospectus. A prospectus complement and accompanying foundation prospectus relating to the widespread inventory presenting have been submitted with the SEC and are available on the SEC’s internet site at www.sec.gov. Copies of the last prospectus complement and accompanying foundation prospectus relating to the widespread inventory presenting may be obtained from (one) BofA Securities, Inc., Attn: Prospectus Department, NC1-004-03-forty three, 200 North Faculty Avenue, 3rd floor, Charlotte NC  28255-0001, electronic mail: [email protected], (2) Goldman Sachs & Co. LLC, Prospectus Department, 200 West Avenue, New York, New York 10282, phone: one-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected] mail.gs.com) and (3) J.P. Morgan Securities LLC, c/o Broadridge Financial Answers, 1155 Long Island Avenue, Edgewood, New York 11717, or through phone: one-866-803-9204.

This push release does not represent an supply to promote or a solicitation of an supply to invest in shares of widespread inventory and shall not represent an supply, solicitation or sale in any jurisdiction in which this kind of an supply, solicitation or sale would be unlawful prior to the registration and qualification beneath the securities rules of this kind of condition or jurisdiction.

About Carnival Corporation & plc

Carnival Corporation & plc is the world’s largest leisure journey company with a portfolio of nine of the world’s major cruise traces. With functions in North The us, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland The us Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (Uk) and Cunard.

Cautionary Notice About Components That May perhaps Have an affect on Foreseeable future Results

Carnival Corporation and Carnival plc and their respective subsidiaries are referred to collectively in this push release as “Carnival Corporation & plc,” “our,” “us” and “we.” Some of the statements, estimates or projections contained in this document are “ahead-seeking statements” that include dangers, uncertainties and assumptions with regard to us, which include some statements relating to the financing transactions described herein, potential benefits, functions, outlooks, plans, objectives, expansion, popularity, hard cash flows, liquidity and other gatherings which have not nonetheless transpired. These statements are meant to qualify for the risk-free harbors from legal responsibility provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts are statements that could be considered ahead-seeking. These statements are based on recent anticipations, estimates, forecasts and projections about our business enterprise and the marketplace in which we operate and the beliefs and assumptions of our administration. We have tried, any time probable, to establish these statements by making use of words and phrases like “will,” “may,” “could,” “really should,” “would,” “think,” “relies upon,” “expect,” “objective,” “foresee,” “forecast,” “venture,” “potential,” “intend,” “plan,” “estimate,” “focus on,” “indicate,” “outlook,” and comparable expressions of potential intent or the unfavorable of this kind of terms.

Ahead-seeking statements incorporate these statements that relate to our outlook and financial place which include, but not restricted to, statements relating to:

 
   

– Net profits yields

– Net cruise prices, excluding gas per available lessen berth working day

– Booking levels

– Estimates of ship depreciable life and residual values

– Pricing and occupancy

– Goodwill, ship and trademark good values

– Interest, tax and gas bills

– Liquidity

– Currency trade costs

– Adjusted earnings per share

Due to the fact ahead-seeking statements include dangers and uncertainties, there are numerous factors that could cause our actual benefits, functionality or achievements to differ materially from these expressed or implied by our ahead-seeking statements. This observe includes critical cautionary statements of the acknowledged factors that we take into consideration could materially impact the accuracy of our ahead-seeking statements and adversely impact our business enterprise, benefits of functions and financial place. Additionally, numerous of these dangers and uncertainties are now amplified by and will keep on to be amplified by, or in the potential may be amplified by, the COVID-19 outbreak. It is not probable to predict or establish all this kind of dangers. There may be further dangers that we take into consideration immaterial or which are unknown. These factors incorporate, but are not restricted to, the following:

  • COVID-19 has had, and will keep on to have, a materially adverse influence on our financial situation and functions, which impacts our capability to attain acceptable financing to fund any ensuing shortfalls in hard cash from functions.  The recent, and unsure potential, influence of the COVID-19 outbreak, which include its effect on the capability or want of men and women to journey (which include on cruises), will keep on to influence our benefits, functions, outlooks, plans, objectives, expansion, popularity, hard cash flows, liquidity, and inventory price tag
  • Entire world gatherings impacting the capability or want of men and women to journey may lead to a decline in demand for cruises
  • Incidents relating to our ships, visitors or the cruise getaway marketplace as effectively as adverse climate ailments and other normal disasters may influence the satisfaction of our visitors and crew and lead to reputational harm
  • Improvements in and non-compliance with rules and rules beneath which we operate, this kind of as these relating to wellness, ecosystem, security and safety, information privateness and protection, anti-corruption, financial sanctions, trade protection and tax may lead to litigation, enforcement actions, fines, penalties, and reputational harm
  • Breaches in information safety and lapses in information privateness as effectively as disruptions and other damages to our principal workplaces, data technology functions and technique networks and failure to maintain tempo with developments in technology may adversely influence our business enterprise functions, the satisfaction of our visitors and crew and lead to reputational harm
  • Capacity to recruit, develop and keep skilled shipboard staff who are living away from dwelling for prolonged durations of time may adversely influence our business enterprise functions, guest providers and satisfaction
  • Increases in gas rates, alterations in the sorts of gas consumed and availability of gas offer may adversely influence our scheduled itineraries and prices
  • Fluctuations in international forex trade costs may adversely influence our financial benefits
  • Overcapacity and levels of competition in the cruise and land-based getaway marketplace may lead to a decline in our cruise revenue, pricing and desired destination options
  • Geographic locations in which we attempt to broaden our business enterprise may be gradual to develop or in the end not develop how we expect
  • Incapability to put into practice our shipbuilding packages and ship repairs, routine maintenance and refurbishments may adversely influence our business enterprise functions and the satisfaction of our visitors

The ordering of the chance factors established forth higher than is not meant to mirror our indicator of priority or chance.

Ahead-seeking statements really should not be relied upon as a prediction of actual benefits. Subject matter to any continuing obligations beneath applicable law or any pertinent inventory trade principles, we expressly disclaim any obligation to disseminate, right after the date of this document, any updates or revisions to any this kind of ahead-seeking statements to mirror any modify in anticipations or gatherings, ailments or circumstances on which any this kind of statements are based.

SOURCE Carnival Corporation & plc

Cision View first articles:http://www.prnewswire.com/information-releases/carnival-corporation–plc-announces-closing-of-presenting-of-71-875-000-shares-of-widespread-inventory-301036077.html

Source Carnival Corporation & plc

Roger Frizzell, Carnival Corporation, [email protected], (305) 406-7862 Mike Flanagan, LDWW, [email protected], (727) 452-4538