Convertibles Calendar: Carnival on tap

Nov. 15

CARNIVAL CORP.:

• $1 billion five-year convertible notes

• $150 million greenshoe

• Coupon of 5.25% to 5.75% and initial conversion premium of 20% to 25%

• Non-callable for three years, then subject to a 130% hurdle

• Rule 144A

• Citigroup Global Markets Inc., Barclays and BofA Securities Inc.

• Make principal payments on debt and for general corporate purposes

• Miami-based cruise line operator

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