Carnival Cruises buys back CBs after share sale

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Carnival Cruises buys back CBs after share sale

Aidan Gregory
August 10, 2020 09:00 AM
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Cruisers disembark from the Carnival Sensation on Monday, March 9, 2020, after a weekend of cruise-related Coronavirus transmission and the State Department warning. (Photo by Carl Juste/Miami Herald/TNS/Sipa USA) | TNS/SIPA USA/PA Images

Carnival Cruises has completed a partial buy-back of the $2bn three-year convertible bond it issued in April, to give it extra liquidity during the Covid-19 pandemic.

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