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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

Carnival Corporation & plc Closes Equity and Debt Offerings Totaling $6.6 Billion

Paul, Weiss advised Carnival Corporation & plc in three recent equity and debt offerings. The transactions included a registered offering of $575 million of common stock, a Rule 144A offering of $2.0125 billion principal amount of 5.75% convertible senior notes due 2023, and a Rule 144A offering of $4 billion principal amount of 11.5% first-priority senior secured notes due 2023. Carnival is the world’s largest leisure travel company with a portfolio of nine of the world’s leading cruise lines and operations in North America, Australia, Europe and Asia.

The team included securities and capital markets partners John Kennedy, Raphael Russo and Lawrence Wee; finance partners Eric Goodison and Caith Kushner; tax partner David Sicular; IP partner Claudine Meredith-Goujon; and environmental counsel William O’Brien.

April 8, 2020

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