Carnival (CCL)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,059.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 1,377.00
  • 52 Week Low: 719.40
  • Currency: UK Pounds
  • Shares Issued: 144.80m
  • Volume: 411,623
  • Market Cap: £1,533.44m
  • RiskGrade: 328

Carnival to raise $1bn to make debt payments, shares tumble

By Michele Maatouk

Date: Wednesday 16 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Carnival tumbled on Wednesday after the cruise operator announced plans to raise $1bn with convertible senior notes to make principal payments on debt and for general corporate purposes.
The convertible notes are part of the company's 2024 refinancing plan.

They will pay interest semi-annually on 1 June and 1 December of each year, beginning on 1 June 2023, at a rate of 5.75% per year. The notes will mature on 1 December 2027, unless earlier repurchased, redeemed or converted.

At 1145 GMT, the shares were down 13.6% at 729.40p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Carnival Market Data

Currency UK Pounds
Share Price 1,059.00p
Change Today 1.00p
% Change 0.09 %
52 Week High 1,377.00
52 Week Low 719.40
Volume 411,623
Shares Issued 144.80m
Market Cap £1,533.44m
RiskGrade 328

Carnival Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.33% above the market average40.33% above the market average40.33% above the market average40.33% above the market average40.33% above the market average
56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average
Price Trend
47.40% above the market average47.40% above the market average47.40% above the market average47.40% above the market average47.40% above the market average
46.43% above the sector average46.43% above the sector average46.43% above the sector average46.43% above the sector average46.43% above the sector average
Income Not Available
Growth
61.48% above the market average61.48% above the market average61.48% above the market average61.48% above the market average61.48% above the market average
69.81% above the sector average69.81% above the sector average69.81% above the sector average69.81% above the sector average69.81% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 1
Sell 3
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Carnival Dividends

  Latest Previous
  Q1 Q4
Ex-Div 20-Feb-20 21-Nov-19
Paid 13-Mar-20 13-Dec-19
Amount 50.00¢ 50.00¢

Trades for 14-May-2024

Time Volume / Share Price
16:23 7 @ 1,056.50p
16:07 2 @ 1,052.50p
16:35 165 @ 1,059.00p
16:35 43,034 @ 1,059.00p
16:35 200 @ 1,059.00p

Carnival Key Personnel

Chair Micky Arison

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