Day: April 14, 2020

Carnival Corporation & plc Announces Closing of Offering of 71,875,000 Shares of Common Stock

MIAMI, April 6, 2020 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, today announced that Carnival Corporation (the “Corporation”) has closed its registered public offering of 71,875,000 shares of common stock of the Corporation at a price of $8.00 per share (including 9,375,000 shares of common stock of the Corporation sold pursuant to the full exercise by the underwriters of their option to purchase additional shares). The Corporation expects to use the net proceeds from the offering for general corporate purposes.

The Corporation also announced today by separate press release that

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Carnival Corporation & plc Announces Closing of 11.500% First-Priority Senior Secured Notes due 2023 and Exercise of Option for 5.75% Convertible Senior Notes due 2023

MIAMI, April 8, 2020 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, today announced that Carnival Corporation (the “Corporation”) has closed its private offering of $4.00 billion aggregate principal amount of 11.500% First-Priority Senior Secured Notes due 2023 (the “Secured Notes”). The Corporation also announced today that the initial purchasers of the Corporation’s previously announced private offering of 5.75% Convertible Senior Notes due 2023 (the “Convertible Notes”) fully exercised the remainder of their option to purchase an additional $62.5 million aggregate principal amount of the Convertible Notes. The offering of the

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The Travel Institute President: Prepare for Eventual Industry Rebound

In an open letter to the industry, Diane Petras, president of The Travel Institute says travel professionals must prepare for an eventual industry rebound. The good news: Petras says she is encouraged by the recent high demand from travel advisors looking to further their education, noting a 29 percent increase in April-to-date of advisors enrolling in certification courses and with a significant number of additional advisors seeking extensions. The Travel Institute also reports an 11 percent increase in April attendance for its complimentary webinars versus year-to-date and more than 1,000 new subscribers to its weekly micro-learning piece since mid-March.

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Caribbean Hospitality Youth Encourages All to Stay at Home

Young leaders of the Caribbean tourism sector are throwing their support behind calls to heed the advice of public health officials to stay at home so that the region’s leading economic sector can rebound quickly once the coronavirus (COVID-19) pandemic subsides.

The recently established COVID-19 Caribbean Tourism Task Force is enlisting young hospitality professionals to encourage protective practices by Caribbean nationals, especially younger ones, many of whom have been slow to respond to the urgency of the outbreak. The messaging from young professionals in Barbados, Jamaica, St. Lucia and Turks and Caicos implore fellow youth to take more

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Poseidon Expeditions Renews Charter Contract for Sea Spirit

Poseidon Expeditions announced that it has signed an agreement with ship owner SunStone Ships, Inc. to extend the charter of the 114-passenger expedition ship Sea Spirit for two years. This will keep the ship flying the Poseidon Expeditions banner until May 2024.

Nikolay Saveliev, founder and president of Poseidon Expeditions, a specialist in active adventure cruises in Arctic and Antarctic regions, said that the Sea Spirit has received great acceptance in the marketplace and that the company is delighted to be able to continue offering the ship to its travel partners and travelers.

Saveliev adds that plans were still

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