(Bloomberg) -- A downsized stock sale by Carnival Corp. priced $500 million of shares at $8 each, people familiar with the matter said.
The company also priced $1.75 billion of convertible bonds at a 5.75% coupon and 25% conversion premium, one of the people added.
The equity and equity-linked asset sales accompany a $4 billion debt offering by the cruise liner.
Carnival was originally seeking buyers for $1.25 billion of shares, but reduced the offering to $750 million earlier on Wednesday. It was then reduced a second time to $500 million, the people said.
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