Carnival may have to tap investors for fresh equity, again...

There is talk in the market of another equity fundraising looming at Carnival, the FTSE 100-listed cruise operator.

Well, that's because scribblers at Morgan Stanley just issued a research piece noting the possibility of another share sale.

"We see rising risk of equity issuance," wrote analysts Jamie Rollo, Thomas Allen and Adrija Chakraborty in a note to clients seen by Betaville.

If the Morgan Stanley lot are correct that would be the third fundraising by Carnival in the space of two years.

Last year, Carnival reportedly announced plans to raise $500 million via a share sale and also raised $500 million in equity alongside a $6 billion debt sale in Spring 2020...

Date: Wednesday, 23 March 2022, 7:57 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation