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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (4458)12/24/1997 8:34:00 PM
From: AlienTech  Read Replies (1) of 120523
 
Carnival files debt, class A stock shelf
WASHINGTON, Dec 24 (Reuters) - Carnival Corp on Wednesday made a shelf registration with the U.S. Securities and Exchange Commission to sell up to $730 million in debt securities and Class A common stock.
When combined with a previous registration, the cruise line operator will have $1 billion in debt and stock available for sale.

The Miami company said it would use net proceeds for working capital and general corporate purposes, which may include repayment of debt.

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