Welcome to our dedicated page for Carnival Corporation news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival Corporation stock.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world's largest global cruise company and one of the largest vacation companies, with a portfolio that includes many of the most recognized cruise brands. The company's brands include Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia.
With 92 ships in service as of the end of fiscal 2023, Carnival Corporation offers a wide range of vacation products tailored to different cultures and preferences. Combined, their cruise brands welcomed nearly 13 million guests in 2019 and again in 2023, underscoring the resilient demand for cruise vacations.
Notably, Carnival Corporation also owns Holland America Princess Alaska Tours, enhancing its land-based tour offerings in Alaska and the Canadian Yukon. The company's commitment to development and innovation is evident in its various projects, such as Princess Cruises' new immersive
P&O Cruises will launch short and week-long UK cruises as staycations this summer, set to go on sale later in March. President Paul Ludlow expressed optimism as government restrictions ease and vaccination efforts expand, aiming to provide a reliable holiday experience. However, to accommodate these new sailings, existing cruises on several ships will be canceled until late August and September. Canceled guests will receive a Future Cruise Credit of 125% of their payment or a 100% refund, valid until December 2021.
Holland America Line has opened bookings for its 2022 and 2023 cruises, featuring exotic itineraries across destinations like Australia, New Zealand, South America, and Antarctica. The cruises span from 14 to 50 days on four ships. Notable offerings include the Westerdam exploring the Far East and the Noordam venturing to the South Pacific. Special amenities are available for bookings made by April 5, 2021, including reduced deposits and complimentary packages.
Carnival Cruise Line has announced an extension of its operational pause from U.S. ports through May 31, 2021. No specific date for resuming guest cruises has been set. The company is offering more flexible cancellation options for early summer reservations, allowing guests to cancel without penalty. Those affected by the cancellations can choose between a future cruise credit with onboard credit or a full refund. President Christine Duffy expressed optimism regarding vaccine distribution's impact on public health and thanked guests and partners for their support.
Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) announced the pricing of its underwritten public offering of 40,450,619 shares at $25.10 per share. The offering is set to close on February 24, 2021, pending customary conditions. Proceeds will support general corporate purposes. Goldman Sachs is the sole underwriter for the offering. A shelf registration statement has been filed with the SEC, with further details available via their website. This announcement does not constitute a sales offer in jurisdictions where it would be illegal to do so.
Carnival Corporation is initiating a $1 billion underwritten public offering of common stock, with proceeds aimed at general corporate purposes. The offering will be conducted by Goldman Sachs & Co. LLC as the sole bookrunner. A shelf registration statement has been filed and is effective, allowing for the transaction to proceed. Notably, this offering may raise concerns over potential dilution for existing shareholders. The offering details will be made available through the SEC and Goldman Sachs, ensuring compliance with relevant regulations.
Carnival Corporation (NYSE: CCL; NYSE: CUK) has successfully closed a private offering of $3.5 billion in 5.75% senior unsecured notes due 2027. The proceeds will be utilized for debt principal payments and general corporate purposes, including vessel-related costs and improvements. The notes were offered only to qualified institutional buyers and will not be registered under the Securities Act. The company faces ongoing risks tied to COVID-19, which continues to affect its financial condition and operational outlook.
Seabourn announces the launch of its 2023 World Cruise: Extraordinary Discoveries and 2023 Grand Voyage: Grand Americas, Amazon & Antarctica, both departing on January 6, 2023. The 140-day World Cruise will visit 61 destinations across 32 countries, while the 79-day Grand Voyage will cover 37 destinations in 15 countries. Both cruises offer exclusive experiences and amenities, including complimentary benefits for early bookings. Seabourn aims to cater to travelers seeking future planning options amidst uncertainty.
Carnival Corporation & plc has announced the pricing of private offerings for $3.5 billion of 5.75% senior unsecured notes due 2027. The offering amount was increased to $3.5 billion and is expected to close on February 16, 2021. The notes will pay interest semi-annually starting September 1, 2021. Proceeds will be used for debt principal payments and corporate purposes, including financing for property and equipment. The offering is aimed at qualified institutional buyers and will not be registered under the Securities Act.
Cunard has launched a sweepstakes linked to the HBO Max film, Let Them All Talk, allowing a winner and a guest to enjoy a luxurious Queen Mary 2 Transatlantic Crossing from New York to Southampton. The sweepstakes runs from February 1 to March 31, 2021, with an estimated prize value of $33,000. The winner will experience the Queens Grill suite featured in the film, directed by Steven Soderbergh and starring Meryl Streep. This initiative underscores Cunard's high-profile branding through cinema.
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