Carnival Plc Stock Price, News & Analysis

Carnival Corporation & plc (CCL, CUK) has announced the pricing of a public offering of 102,139,621 shares at $9.95 per share, aimed at generating funds for general corporate purposes, including addressing 2023 debt maturities. The offering is set to close on July 25, 2022, and the underwriter has an option to purchase an additional 15,320,943 shares. Goldman Sachs is the sole bookrunner for the offering. The company filed an effective shelf registration with the SEC in January 2021 for this offering.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has initiated a public offering of $1,000,000,000 of common stock, with an option for underwriters to purchase an additional $150,000,000 in shares. The funds will be allocated for general corporate purposes, including addressing debt maturities in 2023. Goldman Sachs is the lead underwriter. The offering is part of a shelf registration effective from January 26, 2021, and is subject to forward-looking risks related to COVID-19, operational challenges, and market demand fluctuations.

Princess Cruises has announced a new promotion called Kids Sail Free, allowing families to save significantly on their 2023 vacations. This unique offering is available for third and fourth guests on select cruises, and can be combined with discounts of up to 25%. The promotion is valid for bookings until August 15, 2022, and covers various destinations including the Caribbean and Mexico. Sample fares start as low as $449 for select itineraries, enhancing the overall affordability of family cruises.

Barclays US Consumer Bank has extended its partnership with Carnival Corporation for co-branded credit cards, covering Carnival Cruise Line, Holland America Line, and Princess Cruise Lines. This multi-year agreement continues Barclays' role as the exclusive issuer of these travel rewards cards since 2004, enhancing customer loyalty by offering various rewards. The two companies aim to innovate and provide value to consumers booking vacations or making retail purchases. This strategic collaboration is expected to assist Carnival in expanding its business.

Holland America Line has launched its 'Book Early & Save' promotion for cruises through 2023, running from July 12 to September 30, 2022. The offer features cruise discounts starting at $899 per person, including crew appreciation gratuities, onboard credits up to $300, and a low-fare guarantee. Customers can benefit from over $900 in value per person for seven-day cruises, with enticing packages covering shore excursions, drink selections, and specialty dining.

Princess Cruises announces its inaugural summer sailing season in 2023, featuring roundtrip cruises from Los Angeles to Mexico, Hawaii, and the California Coast. The Emerald Princess will operate voyages from May to August 2023, with itineraries ranging from 5 to 16 days. Highlights include seven-day cruises to the Mexican Riviera, 16-day excursions to the Hawaiian Islands, and seven-day coastal trips. Launch-week promotions offer $1 deposits and $50 onboard spending money for bookings by July 19, 2022.

Holland America Line has launched a new partnership with the Alaska Seafood Marketing Institute, debuting three new dishes created by Chef Ethan Stowell. This collaboration aims to enhance the offering of sustainably sourced Alaska seafood across all six ships in Alaska. Key statistics include over 5,000 pounds of Alaska seafood served per cruise, with specific amounts for salmon, cod, and halibut detailed. The initiative aligns with Holland America's commitment to sustainability and local partnerships, promising an immersive culinary experience for guests.