Carnival Files to Sell Another $1.5 Billion Worth of Stock

Carnival Files to Sell Another $1.5 Billion Worth of Stock
·2 min read

Less than two weeks after selling over 67 million shares under a prior $1 billion stock offering, Carnival (NYSE: CCL) (NYSE: CUK) said Tuesday it would be opening up a new equity offering totaling $1.5 billion. Carnival says the new stock sale would be used for general corporate purposes. The stock offering should allow Carnival to further improve its liquidity position until the industry can get operational again.

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