Filed pursuant to Rule 424(b)(3)
Registration No. 333-74190
PROSPECTUS SUPPLEMENT NO. 15
(TO PROSPECTUS DATED DECEMBER 6, 2001)
CARNIVAL CORPORATION
LIQUID YIELD OPTION NOTES DUE 2021
AND SHARES OF COMMON STOCK
This prospectus supplement No. 15 supplements and amends the prospectus dated
December 6, 2001, as amended and supplemented by prospectus supplement No. 1
dated December 21, 2001, prospectus supplement No. 2 dated January 11, 2002,
prospectus supplement No. 3 dated January 29, 2002, prospectus supplement No. 4
dated February 19, 2002, prospectus supplement No. 5 dated March 12, 2002,
prospectus supplement No. 6 dated March 29, 2002, prospectus supplement No. 7
dated April 10, 2002, prospectus supplement No. 8 dated May 15, 2002, prospectus
supplement No. 9 dated June 6, 2002, prospectus supplement No. 10 dated July 18,
2002, prospectus supplement No. 11 dated August 20, 2002, prospectus supplement
No. 12 dated December 9, 2002, prospectus supplement No. 13 dated February 13,
2003 and prospectus supplement No. 14 dated April 4, 2003, relating to our
Liquid Yield Option Notes due 2021 (the "LYONs") and shares of common stock
issuable upon conversion of the LYONs.
The table on page 20 of the prospectus sets forth information with respect to
the selling securityholders and the respective amounts at maturity of LYONs
beneficially owned by each selling securityholder that may be offered pursuant
to the prospectus as amended and supplemented by prospectus supplement No. 1
dated December 21, 2001, prospectus supplement No. 2 dated January 11, 2002,
prospectus supplement No. 3 dated January 29, 2002, prospectus supplement No. 4
dated February 19, 2002, prospectus supplement No. 5 dated March 12, 2002,
prospectus supplement No. 6 dated March 29, 2002, prospectus supplement No. 7
dated April 10, 2002, prospectus supplement No. 8 dated May 15, 2002, prospectus
supplement No. 9 dated June 6, 2002, prospectus supplement No. 10 dated July 18,
2002, prospectus supplement No. 11 dated August 20, 2002, prospectus supplement
No. 12 dated December 9, 2002, prospectus supplement No. 13 dated February 13,
2003 and prospectus supplement No. 14 dated April 4, 2003. This prospectus
supplement amends that table by adding to it the items set forth below.
(2)
PRINCIPAL
AMOUNT AT
MATURITY OF (4) (5)
LYONS (3) COMMON STOCK COMMON STOCK
(1) BENEFICIALLY PERCENT OF TOTAL ISSUABLE UPON OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED LYONS THE LYONS LYONS*
- -------------------------------------- ------------ ---------------- ------------- --------------
Continental Assurance Company
Separate Account (E)............... $1,300,000 0.12% 21,575 0
Continental Casualty Company........... $10,200,000 0.97% 169,283 0
* Assuming the sale of all LYONs and common stock issuable upon conversion of
the LYONs, selling securityholders will not hold any LYONs and will hold
the number of our common stock set forth in column (5) "Common Stock Owned
Prior to Conversion of LYONs." At that time, no selling securityholder will
hold more than 1% of our outstanding common stock.
The prospectus dated December 6, 2001, as amended and supplemented by prospectus
supplement No. 1 dated December 21, 2001, prospectus supplement No. 2 dated
January 11, 2002, prospectus supplement No. 3 dated January 29, 2002, prospectus
supplement No. 4 dated February 19, 2002, prospectus supplement No. 5 dated
March 12, 2002, prospectus supplement No. 6 dated March 29, 2002, prospectus
supplement No. 7 dated April 10, 2002, prospectus supplement No. 8 dated May 15,
2002, prospectus supplement No. 9 dated June 6, 2002, prospectus supplement No.
10 dated July 18, 2002, prospectus supplement No. 11 dated August 20, 2002,
prospectus supplement No. 12 dated December 9, 2002, prospectus supplement No.
13 dated February 13, 2003, prospectus supplement No. 14 dated April 4, 2003 and
this prospectus supplement No. 15 constitutes the prospectus required to be
delivered by Section 5(b) of the Securities Act of 1933, as amended, with
respect to offers and sales of the LYONs and the common stock issuable upon
conversion of the LYONs.
2
Our common stock is traded on the New York Stock Exchange under the symbol CCL.
On August 22, 2003, the last reported sales price of the common stock was $35.36
per share. There is no public market for the LYONs, and we do not intend to
apply for their listing on any exchange or to seek approval for their quotation
through any automated quotation system.
WE URGE YOU TO CAREFULLY READ THE "RISK FACTORS" SECTION BEGINNING ON PAGE 10 OF
THE ACCOMPANYING PROSPECTUS, WHERE WE DESCRIBE SPECIFIC RISKS ASSOCIATED WITH
THESE SECURITIES BEFORE YOU MAKE YOUR INVESTMENT DECISION.
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy of this prospectus supplement. Any representation to the contrary is a
criminal offense.
The date of this prospectus supplement is August 25, 2003.
3
SELLING SECURITYHOLDERS
The prospectus dated December 6, 2001, as amended and supplemented by
prospectus supplement No. 1 dated December 21, 2001, prospectus supplement No. 2
dated January 11, 2002, prospectus supplement No. 3 dated January 29, 2002,
prospectus supplement No. 4 dated February 19, 2002, prospectus supplement No. 5
dated March 12, 2002, prospectus supplement No. 6 dated March 29, 2002,
prospectus supplement No. 7 dated April 10, 2002, prospectus supplement No. 8
dated May 15, 2002, prospectus supplement No. 9 dated June 6, 2002, prospectus
supplement No. 10 dated July 18, 2002, prospectus supplement No. 11 dated August
20, 2002, prospectus supplement No. 12 dated December 9, 2002, prospectus
supplement No. 13 dated February 13, 2003 and prospectus supplement No. 14 dated
April 4, 2003, relating to the offer for resale of up to $1,051,175,000
aggregate principal amount at maturity of LYONs and shares of common stock
issuable upon conversion of the LYONs is amended to replace the first paragraph
and the table under the heading "Selling Securityholders" on page 20 with the
information in the following paragraph and table. We may further amend or
supplement this table from time to time if necessary.
The following table provides, as of August 25, 2003, the name of each
selling securityholder, the principal amount at maturity of LYONs held by such
selling securityholder, the number of shares of common stock owned by such
securityholder prior to its purchase of LYONs and the common stock issuable upon
conversion of the LYONs (based upon the initial conversion price). This
information has been obtained from the selling securityholders.
(2)
PRINCIPAL
AMOUNT AT
MATURITY OF (3) (4) (5)
LYONS PERCENT OF COMMON STOCK COMMON STOCK
(1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED LYONS THE LYONS LYONS*
- --------------------------------------- ------------ ----------- ------------- --------------
AG Domestic Convertibles, L.P.......... $14,100,000 1.34% 234,009 0
AG Offshore Convertibles, Ltd. ........ 81,900,000 7.79% 1,359,245 0
Absolute Return Fund Ltd............... 2,429,000 0.23% 40,313 0
Aid Association for Lutherans, a
successor to Lutheran Brotherhood.. 2,100,000 0.20% 34,852 0
Aristeia International Limited......... 28,860,000 2.75% 478,972 0
Aristeia Trading, LLC.................. 8,140,000 0.77% 135,095 0
Bear, Stearns & Co. Inc................ 26,250,000 2.50% 435,656 0
Bear Stearns International Limited (BSIL) 15,000,000 1.43% 248,946 0
BNP Paribas Equity Strategies SNC...... 5,500,000 0.52% 91,281 241,406
California Public Employees'
Retirement System.................. 2,100,000 0.20% 34,853 3,074,641
Continental Assurance Company Separate
Account (E)........................ 4,800,000 0.46% 79,663 0
Continental Casualty Company........... 38,200,000 3.63% 633,982 0
Credit Suisse First Boston London...... 78,013,000 7.42% 1,294,735 0
D.E. Shaw Investments, L.P............. 3,500,000 0.33% 58,087 0
D.E. Shaw Valence, L.P................. 14,000,000 1.33% 232,350 0
DKR Fixed Income Holding Fund
Ltd................................ 5,000,000 0.48% 82,982 0
Deutsche Banc Alex Brown Inc........... 25,925,000 2.47% 430,262 0
Deutsche Bank Securities Inc........... 17,750,000 1.69% 294,586 0
First Union Securities, Inc............ 39,500,000 3.76% 655,558 0
GDO Equity Arbitrage Master Fund....... 4,000,000 0.38% 66,386 0
Global Bermuda Limited Partnership..... 3,300,000 0.31% 54,769 0
Goldman Sachs & Co. Profit Sharing
Master Trust....................... 1,814,000 0.17% 30,106 0
Grace Brothers Management, LLC......... 2,000,000 0.19% 33,193 0
Granville Capital Corporation.......... 9,000,000 0.86% 149,370 0
HBK Master Fund L.P.................... 9,000,000 0.86% 149,370 7,200
Highbridge International LLC........... 26,500,000 2.52% 439,811 0
4
(2)
PRINCIPAL
AMOUNT AT
MATURITY OF (3) (4) (5)
LYONS PERCENT OF COMMON STOCK COMMON STOCK
(1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED LYONS THE LYONS LYONS*
- --------------------------------------- ------------ ----------- ------------- --------------
JMG Convertible Investments, LP........ 2,100,000 0.20% 34,852 0
JMG Triton Offshore Fund, LP........... 2,100,000 0.20% 34,852 0
J.P. Morgan Securities Inc............. 2,050,000 0.20% 34,023 187,218
KBC Convertible MAC 28 Ltd............. 40,000,000 3.81% 663,856 0
KBC Financial Products (Cayman
Islands) Limited................... 44,500,000 4.23% 738,540 0
KBC Financial Products USA Inc......... 7,000,000 0.67% 116,175 0
Lakeshore International, Ltd........... 13,200,000 1.26% 219,076 0
Lehman Brothers Inc.................... 14,000,000 1.33% 232,350 0
Lexington (IMA) Limited................ 3,221,000 0.31% 53,457 0
MLQA Convertible Securities
Arbitrage Ltd...................... 52,500,000 4.99% 871,325 0
Marathon Asset Management, LLC......... 33,200,000 3.16% 551,000 0
Marathon Global Convertible Master
Fund, Ltd.......................... 33,200,000 3.16% 551,000 0
Moussewizard, LLC...................... 796,000 0.08% 13,211 0
OZ Convertible Master Fund, Ltd........ 4,300,000 0.41% 71,365 0
OZ Mac 13 Ltd.......................... 1,905,000 0.18% 31,616 0
OZ Master Fund, Ltd.................... 77,535,000 7.38% 1,286,802 0
S.A.C. Capital Associates, LLC......... 16,500,000 1.57% 273,841 0
SAM Investments LDC.................... 75,000,000 7.13% 1,244,730 0
St. Albans Partners Ltd................ 10,000,000 1.00% 165,966 0
Shepherd Investments International,
Ltd................................ 58,087,000 5.53% 964,050 0
Southern Farm Bureau Life Insurance.... 1,600,000 0.15% 26,554 0
Starvest Managed Portfolio............. 125,000 0.01% 2,075 0
State of Florida Division of Treasury.. 4,200,000 0.40% 69,705 0
State of Mississippi Health Care
Trust Fund......................... 1,250,000 0.12% 20,746 0
Susquehanna Capital Group.............. 39,500,000 3.76% 655,558 0
Tribeca Investments, LLC............... 40,000,000 3.81% 663,856 0
Triborough Partners QP, LLC............ 2,500,000 0.24% 41,491 0
UBS AG LON F/B/O PB.................... 20,000,000 1.90% 331,928 0
UBS O'Connor LLC F/B/O UBS
Global Equity Arbitrage Master
Ltd................................ 5,000,000 0.48% 82,982 0
White River Securities LLC............. 26,250,000 2.50% 435,656 0
Yield Strategies Fund I, LP............ 12,000,000 1.14% 199,160 0
- -------------------------
* Assuming the sale of all LYONs and common stock issuable upon conversion of
the LYONs, selling securityholders will not hold any LYONs and will hold
the number of our common stock set forth in column (5) "Common Stock Owned
Prior to Conversion of LYONs." At that time, no selling securityholder will
hold more than 1% of our outstanding common stock.