Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,235
24%  
Woo hoo!! And we're now over 24%!! Thank you all very much!! God bless.

Keyword: cruiseshipdebt

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  • Cruise Stocks Fall After Carnival Sells $1 Billion of Shares

    07/21/2022 10:21:10 AM PDT · by Capt. Tom · 28 replies
    Yahoo Fnance ^ | July 21, 2022 | Drew Singer
    (Bloomberg) -- Carnival Corp. is leading peers lower on Thursday after pricing one of the year’s largest equity sales at a steeper discount than usual. The world’s largest cruise line fell 13% after the sale priced 102 million of shares at $9.95 each overnight, according to a statement. The deal raised about $1 billion that Carnival says it might use to address 2023 debt maturities. The offering price reflects slightly more than a 10% discount to Wednesday’s close, the steepest awarded across at least five Carnival stock offerings conducted since the start of the pandemic. “This equity raise will cause...