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Carnival PLC (CCL.L)

CCL.L on London Stock Exchange

1,324.00GBp
24 Nov 2020
Change (% chg)

118.50 (+9.83%)
Prev Close
1,205.50
Open
1,275.00
Day's High
1,368.00
Day's Low
1,254.00
Volume
3,308,893
Avg. Vol
1,781,070
52-wk High
3,732.00
52-wk Low
581.00

Latest Key Developments (Source: Significant Developments)

Carnival Plc Expects To Close Additional 8.2 Mln Shares OF Offering On Nov. 20
Friday, 20 Nov 2020 

Nov 20 (Reuters) - Carnival PLC ::REG-CARNIVAL PLC: CARNIVAL CLOSING EQUITY OFFERING, REPURCHASING NOTES.CARNIVAL - EXPECTS TO CLOSE AN ADDITIONAL 8.2 MILLION SHARES AS PART OF REGISTERED DIRECT OFFERING ON NOVEMBER 20.CARNIVAL - CLOSED ITS PREVIOUSLY ANNOUNCED REGISTERED DIRECT OFFERING OF 49.2 MILLION SHARES OF ITS COMMON STOCK AT A PRICE OF $18.05 PER SHARE.CARNIVAL - AN AGGREGATE OF $627.5 MILLION PRINCIPAL AMOUNT OF CORPORATION'S CONVERTIBLE NOTES WILL REMAIN OUTSTANDING..CARNIVAL - INTENDS TO USE NET PROCEEDS FROM NOVEMBER 20, 2020 CLOSING TO REPURCHASE AN ADDITIONAL $71.5 MILLION PRINCIPAL AMOUNT OF ITS CONVERTIBLE NOTES.  Full Article

Carnival Corporation & PLC Announces An Equity Offering And Repurchase Of Convertible Notes
Thursday, 19 Nov 2020 

Nov 19 (Reuters) - Carnival Corp ::CARNIVAL CORPORATION & PLC ANNOUNCES AN EQUITY OFFERING AND REPURCHASE OF CONVERTIBLE NOTES.CARNIVAL CORP-PRICED OFFERING OF 10.4 MILLION SHARES AT $17.59/SHARE TO A LIMITED NUMBER OF HOLDERS OF ITS 5.75% CONVERTIBLE SENIOR NOTES DUE 2023.  Full Article

Carnival Announces Public Offering Of Common Stock
Tuesday, 10 Nov 2020 

Nov 10 (Reuters) - Carnival PLC ::REG-CARNIVAL PLC: CARNIVAL CORPORATION PUBLIC OFFERING OF COMMON STOCK.CARNIVAL - FILED PROSPECTUS SUPPLEMENT WITH SEC; MAY OFFER & SELL SHARES OF COMMON STOCK HAVING OFFERING PRICE OF UP TO $1.5 BILLION FROM TIME TO TIME.  Full Article

Carnival Corp & PLC Reports Pricing Of $900 Mln Second-Priority Senior Secured Notes Due 2027
Saturday, 15 Aug 2020 

Aug 14 (Reuters) - Carnival Corp ::CARNIVAL CORPORATION & PLC ANNOUNCES PRICING OF $900 MILLION SECOND-PRIORITY SENIOR SECURED NOTES DUE 2027.CARNIVAL CORP - PRICED PRIVATE OFFERING OF $900 MILLION OF 9.875% SECOND-PRIORITY SENIOR SECURED NOTES DUE 2027 OF CORPORATION.CARNIVAL CORP - OFFERING OF NOTES IS EXPECTED TO CLOSE ON AUGUST 18, 2020.CARNIVAL CORP - NOTES WILL MATURE ON AUGUST 1, 2027.  Full Article

Carnival Files For Stock, Shelf Size Not Disclosed
Thursday, 6 Aug 2020 

Aug 6 (Reuters) - Carnival PLC ::CARNIVAL - FILES FOR STOCK SHELF; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Carnival Says Expects To Record Non-Cash Impairment Charges During Q3 Of 2020
Wednesday, 29 Jul 2020 

July 29 (Reuters) - Carnival Corp ::CARNIVAL - EXPECT TO RECORD NON-CASH IMPAIRMENT CHARGES DURING Q3 OF 2020.CARNIVAL - MADE A DECISION TO REMOVE A FURTHER TWO SHIPS FROM FLEET, IN ADDITION TO THOSE PREVIOUSLY ANNOUNCED ON JULY 10.CARNIVAL - EXPECT IMPAIRMENT CHARGE TO BE IN RANGE OF $600 MILLION TO $650 MILLION IN Q3.CARNIVAL - PLAN TO CONTINUE TO EVALUATE OTHER OPTIONS TO MAXIMIZE LIQUIDITY.  Full Article

Biohitech Global Says Carnival Corp Reinitiates Installation Program Of Co's Food Waste Digesters On Its Ships
Tuesday, 21 Jul 2020 

July 21 (Reuters) - BioHiTech Global Inc ::BIOHITECH GLOBAL - CARNIVAL CORP REINITIATES INSTALLATION PROGRAM OF CO'S FOOD WASTE DIGESTERS ON ITS SHIPS.BIOHITECH GLOBAL - INITIAL SHIPMENTS ON PURCHASE ORDERS VALUED AT ABOUT $635,000 ARE EXPECTED TO BEGIN LATE IN Q3 2020.  Full Article

Carnival Announces Pricing Of Second-Priority Senior Secured Notes
Thursday, 16 Jul 2020 

July 16 (Reuters) - Carnival PLC ::ANNOUNCES PRICING OF $775 MILLION AND EUR 425 MILLION SECOND-PRIORITY SENIOR SECURED NOTES DUE 2026.USD NOTES AND EURO NOTES WILL PAY INTEREST SEMI-ANNUALLY ON FEB 1 AND AUG 1 OF EACH YEAR, BEGINNING 2021, AT 10.500% AND 10.125%/YEAR.  Full Article

Carnival Corporation Announces Pricing Of $775 Mln, €425 Mln Second-Priority Senior Secured Notes
Thursday, 16 Jul 2020 

July 15 (Reuters) - Carnival Corp ::CARNIVAL CORPORATION & PLC ANNOUNCES PRICING OF $775 MILLION AND €425 MILLION SECOND-PRIORITY SENIOR SECURED NOTES DUE 2026.CARNIVAL CORP - PRICED PRIVATE OFFERINGS OF $775 MILLION 10.500% SECOND-PRIORITY SENIOR SECURED NOTES DUE 2026 OF CORPORATION.CARNIVAL CORP - PRICED EUR 425 MILLION OF 10.125% SECOND-PRIORITY SENIOR SECURED NOTES DUE 2026 OF CORPORATION.  Full Article

Carnival Corporation & PLC Provides A Business Update And Additional Financial Information For The Second Quarter
Friday, 10 Jul 2020 

July 10 (Reuters) - Carnival Corp ::ORATION & PLC PROVIDES A BUSINESS UPDATE AND ADDITIONAL FINANCIAL INFORMATION FOR THE SECOND QUARTER.EXPECTS FUTURE CAPACITY TO BE MODERATED BY PHASED RE-ENTRY OF ITS SHIPS.COMPANY SOLD ONE SHIP DURING JUNE 2020.AGREEMENTS FOR DISPOSAL OF FIVE SHIPS.CARNIVAL - CONTINUES TO EXPECT ANY DECLINE IN CUSTOMER DEPOSITS BALANCE IN THE SECOND HALF OF 2020.PRELIMINARY AGREEMENTS FOR AN ADDITIONAL THREE SHIPS FOR DISPOSAL.IN TOTAL, 13 SHIPS EXPECTED TO LEAVE FLEET REPRESENT A NEARLY NINE PERCENT REDUCTION IN CURRENT CAPACITY.CONTINUES TO EXPECT A NET LOSS ON BOTH A U.S. GAAP AND ADJUSTED BASIS FOR THE SECOND HALF OF 2020.QTRLY REVENUE $740 MILLION VERSUS $4,838 MILLION.EXPECTS ONLY 5 OF 9 SHIPS ORIGINALLY SCHEDULED FOR DELIVERY IN FISCAL 2020, FISCAL 2021 TO BE DELIVERED PRIOR TO END OF FISCAL YEAR 2021.REDUCED CAPITAL EXPENDITURES ALSO BY MORE THAN $5 BILLION OVER NEXT 18 MONTHS.QTRLY LOSS PER SHARE $6.07.CONTINUES TO EXPLORE OPPORTUNITIES TO FURTHER REDUCE ITS MONTHLY CASH BURN RATE.MONTHLY AVERAGE CASH BURN RATE FOR SECOND HALF OF 2020 IS ESTIMATED TO BE ABOUT $650 MILLION.CONTINUES TO EXPECT A NET LOSS ON BOTH A U.S. GAAP AND ADJUSTED BASIS FOR SECOND HALF OF 2020.PAUSE IN GUEST OPERATIONS IS CONTINUING TO HAVE MATERIAL NEGATIVE IMPACTS ON ALL ASPECTS OF COMPANY'S BUSINESS.COMPANY CONTINUES TO SEE DEMAND FROM NEW BOOKINGS FOR 2021.QTRLY ADJUSTED LOSS PER SHARE $3.30.Q2 EARNINGS PER SHARE VIEW $-2.26, REVENUE VIEW $391.3 MILLION -- REFINITIV IBES DATA.  Full Article

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