Filed pursuant to Rule 424(b)(3)
Registration No. 333-106293
PROSPECTUS SUPPLEMENT NO. 8
(TO PROSPECTUS DATED JULY 3, 2003)
U.S. $889,000,000
CARNIVAL CORPORATION
SENIOR CONVERTIBLE DEBENTURES DUE 2033
GUARANTEED BY CARNIVAL PLC AND
P&O PRINCESS CRUISES INTERNATIONAL LIMITED
This prospectus supplement No. 8 supplements and amends the prospectus
dated July 3, 2003, as amended and supplemented by prospectus supplement No. 1
dated July 21, 2003, prospectus supplement No. 2 dated August 8, 2003,
prospectus supplement No. 3 dated August 25, 2003, prospectus supplement No. 4
dated September 11, 2003, prospectus supplement No. 5 dated October 6, 2003,
prospectus supplement No. 6 dated October 31, 2003 and prospectus supplement No.
7 dated November 17, 2003 relating to $889,000,000 aggregate principal amount at
maturity of our Senior Convertible Debentures due 2033 (the "debentures") and
20,896,657 shares of our common stock issuable upon conversion of the debentures
held by the selling securityholders, plus an indeterminate number of shares as
may become issuable upon conversion of the debentures by reason of adjustment to
the conversion price.
The table on page 74 of the prospectus sets forth information with
respect to the selling securityholders and the respective amounts at maturity of
debentures beneficially owned by each selling securityholder that may be offered
pursuant to the prospectus, as amended and supplemented by prospectus supplement
No. 1 dated July 21, 2003, prospectus supplement No. 2 dated August 8, 2003,
prospectus supplement No. 3 dated August 25, 2003, prospectus supplement No. 4
dated September 11, 2003, prospectus supplement No. 5 dated October 6, 2003,
prospectus supplement No. 6 dated October 31, 2003 and prospectus supplement No.
7 dated November 17, 2003. This prospectus supplement amends that table by
adding to it the items set forth below.
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PRINCIPAL NUMBER OF
AMOUNT AT SHARES OF NUMBER OF
MATURITY OF COMMON STOCK SHARES OF
DEBENTURES PERCENT OF ISSUABLE UPON COMMON STOCK
BENEFICIALLY TOTAL INITIAL OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED DEBENTURES DEBENTURES (1) DEBENTURES (1)
-------------------------------------------------------------------------------------------------------------------
Man Convertible Bond
Master Fund.................... $3,523,000 0.40% 82,811 0
-------------------------------------------------------------------------------------------------------------------
St. Thomas Trading Ltd......... $6,477,000 0.73% 152,247 0
-------------------------------------------------------------------------------------------------------------------
(1) Also includes an equivalent number of non-detachable trust shares of
beneficial interest in P&O Princess Special Voting Trust, a trust
established under the laws of the Cayman Islands. See "Description of
Trust Shares."
The prospectus dated July 3, 2003, as amended and supplemented by
prospectus supplement No. 1 dated July 21, 2003, prospectus supplement No. 2
dated August 8, 2003, prospectus supplement No. 3 dated August 25, 2003,
prospectus supplement No. 4 dated September 11, 2003, prospectus supplement No.
5 dated October 6, 2003, prospectus supplement No. 6 dated October 31, 2003,
prospectus supplement No. 7 dated November 17, 2003 and this prospectus
supplement No. 8 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 debentures and the common stock issuable upon conversion of the
debentures.
Our common stock is traded on the New York Stock Exchange under the
symbol "CCL." On December 5, 2003, the last reported sales price of the common
stock was $35.25 per share.
There is no public market for the debentures, and we do not intend to
apply for their listing on any securities exchange or seek approval for
quotation of them through any automated system.
INVESTING IN THE SECURITIES OFFER BY THIS PROSPECTUS INVOLVES RISKS
THAT ARE DESCRIBED IN THE "RISK FACTORS" SECTION BEGINNING ON PAGE 11 OF THE
ACCOMPANYING PROSPECTUS.
Neither the Securities and Exchange Commission, nor any state
securities commission has approved or disapproved of the securities offered by
this prospectus or passed upon the adequacy or accuracy of this prospectus
supplement. Any representation to the contrary is a criminal offense.
_____________________________
The date of this prospectus supplement is December 8, 2003.
SELLING SECURITYHOLDERS
The prospectus dated July 3, 2003, as amended and supplemented by
prospectus supplement No. 1 dated July 21, 2003, prospectus supplement No. 2
dated August 8, 2003, prospectus supplement No. 3 dated August 25, 2003,
prospectus supplement No. 4 dated September 11, 2003, prospectus supplement No.
5 dated October 6, 2003, prospectus supplement No. 6 dated October 31, 2003 and
prospectus supplement No. 7 dated November 17, 2003 relating to the offer for
resale of $889,000,000 aggregate principal amount at maturity of debentures and
20,896,657 shares of our common stock issuable upon conversion of the debentures
held by the selling securityholders, plus an indeterminate number of shares as
may become issuable upon conversion of the debentures by reason of adjustment to
the conversion price and, upon each issuance of shares of Carnival Corporation
common stock to a person, including to a holder of debentures upon conversion of
debentures, an equivalent number of non-detachable trust shares of beneficial
interest in the P&O Princess Special Voting Trust, is amended to replace the
first paragraph and the table under the heading "Selling Securityholders" on
page 74 with the information in the following paragraph and table. We may
further amend or supplement this table from time to time if necessary.
We originally sold the debentures to the initial purchaser in a private
placement. The debentures were subsequently resold by the initial purchaser to
purchasers, including the selling securityholders listed below, in transactions
exempt from registration. The following table provides, as of December 8, 2003,
the principal amount at maturity of debentures held by such selling
securityholder, the number of shares of common stock beneficially owned by such
securityholder prior to its conversion of any debentures and the number of
shares of our common stock issuable upon conversion of the debentures. This
information has been obtained from the selling securityholders.
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PRINCIPAL NUMBER OF
AMOUNT AT SHARES OF NUMBER OF
MATURITY OF COMMON STOCK SHARES OF
DEBENTURES PERCENT OF ISSUABLE UPON COMMON STOCK
BENEFICIALLY TOTAL INITIAL OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED DEBENTURES DEBENTURES (1) DEBENTURES (1)
-------------------------------------------------------------------------------------------------------------------
Argent Classic Convertible
Arbitrage (Bermuda) Fund
Ltd............................ $14,200,000 1.60% 333,782 0
-------------------------------------------------------------------------------------------------------------------
Argent Classic Convertible
Arbitrage Fund L.P............. $2,800,000 0.31% 65,816 0
-------------------------------------------------------------------------------------------------------------------
Argent LowLev
Convertible Arbitrage Fund
LLC............................ $1,100,000 0.12% 25,856 0
-------------------------------------------------------------------------------------------------------------------
Argent LowLev
Convertible Arbitrage Fund
Ltd............................ $6,300,000 0.71% 148,087 0
-------------------------------------------------------------------------------------------------------------------
Bank Austria Cayman
Islands, LTD................... $7,650,000 0.86% 179,819 0
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
PRINCIPAL NUMBER OF
AMOUNT AT SHARES OF NUMBER OF
MATURITY OF COMMON STOCK SHARES OF
DEBENTURES PERCENT OF ISSUABLE UPON COMMON STOCK
BENEFICIALLY TOTAL INITIAL OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED DEBENTURES DEBENTURES (1) DEBENTURES (1)
-------------------------------------------------------------------------------------------------------------------
Banc of America Securities
L.L.C.......................... $2,100,000 0.24% 49,362 0
-------------------------------------------------------------------------------------------------------------------
Bear, Stearns & Co., Inc....... $30,500,000 3.43% 716,927 0
-------------------------------------------------------------------------------------------------------------------
BNP Paribas Equity
Strategies SNC................. $744,000 0.08% 17,488 0
-------------------------------------------------------------------------------------------------------------------
Clinton Convertible
Managed Trading Account
1 Limited...................... $2,620,000 0.29% 61,585 0
-------------------------------------------------------------------------------------------------------------------
Clinton Multistrategy
Master Fund, Ltd............... $21,890,000 2.46% 514,542 0
-------------------------------------------------------------------------------------------------------------------
Clinton Riverside
Convertible Portfolio
Limited........................ $22,000,000 2.47% 517,128 0
-------------------------------------------------------------------------------------------------------------------
Continental Assurance
Company On Behalf Of Its
Separate Account (E)........... $3,100,000 0.35% 72,868 0
-------------------------------------------------------------------------------------------------------------------
Continental Casualty
Company........................ $24,400,000 2.74% 573,542 0
-------------------------------------------------------------------------------------------------------------------
CooperNeff Convertible
Strategies (Cayman) Master
Fund L.P....................... $580,000 0.07% 13,633 0
-------------------------------------------------------------------------------------------------------------------
DBAG London.................... $500,000 .06% 11,753 0
-------------------------------------------------------------------------------------------------------------------
Global Bermuda Limited
Partnership.................... $23,100,000 2.60% 542,984 0
-------------------------------------------------------------------------------------------------------------------
Goldman, Sachs & Co............ $49,300,000 5.55% 1,158,836 487,385
-------------------------------------------------------------------------------------------------------------------
Guggenheim Portfolio Co.
XV, LLC........................ $1,350,000 0.15% 31,733 0
-------------------------------------------------------------------------------------------------------------------
Hamilton Multi-Strategy
Master Fund, LP................ $4,300,000 0.48% 101,075 0
-------------------------------------------------------------------------------------------------------------------
Highbridge International
LLC............................ $50,000,000 5.62% 1,175,290 0
-------------------------------------------------------------------------------------------------------------------
JP Morgan Securities Inc. ..... $35,000,000 3.94% 822,703 3,749
-------------------------------------------------------------------------------------------------------------------
KBC Financial Products
(Cayman Islands) Ltd........... $25,550,000 2.87% 600,573 0
-------------------------------------------------------------------------------------------------------------------
KBC Financial Products
USA Inc........................ $1,450,000 0.16% 34,083 0
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
PRINCIPAL NUMBER OF
AMOUNT AT SHARES OF NUMBER OF
MATURITY OF COMMON STOCK SHARES OF
DEBENTURES PERCENT OF ISSUABLE UPON COMMON STOCK
BENEFICIALLY TOTAL INITIAL OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED DEBENTURES DEBENTURES (1) DEBENTURES (1)
-------------------------------------------------------------------------------------------------------------------
Lakeshore International,
Ltd............................ $92,400,000 10.40% 2,171,936 0
-------------------------------------------------------------------------------------------------------------------
Laurel Ridge Capital, LP....... $7,500,000 0.84% 176,294 0
-------------------------------------------------------------------------------------------------------------------
Lyxor Master Fund.............. $2,100,000 0.24% 49,362 0
-------------------------------------------------------------------------------------------------------------------
Man Convertible Bond
Master Fund.................... $3,523,000 0.40% 82,811 0
-------------------------------------------------------------------------------------------------------------------
Meadow IAM Limited ............ $2,090,000 0.24% 49,127 0
-------------------------------------------------------------------------------------------------------------------
Merrill Lynch, Pierce,
Fenner & Smith, Inc............ $97,750,000 11.00% 2,297,692 0
-------------------------------------------------------------------------------------------------------------------
Nomura Securities
International, Inc............. $15,000,000 1.69% 352,587 658,452
-------------------------------------------------------------------------------------------------------------------
Quattro Fund Ltd............... $4,000,000 0.45% 94,023 0
-------------------------------------------------------------------------------------------------------------------
Ramius Capital Group........... $900,000 0.10% 21,155 0
-------------------------------------------------------------------------------------------------------------------
Ramius, LP..................... $270,000 0.03% 6,347 0
-------------------------------------------------------------------------------------------------------------------
Ramius Master Fund, LTD........ $10,823,000 1.22% 254,403 0
-------------------------------------------------------------------------------------------------------------------
Ramius Partners II, LP......... $315,000 0.04% 7,404 0
-------------------------------------------------------------------------------------------------------------------
RCG Baldwin, LP................ $1,125,000 0.13% 26,444 0
-------------------------------------------------------------------------------------------------------------------
RCG Halifax Master Fund,
LTD............................ $1,125,000 0.13% 26,444 0
-------------------------------------------------------------------------------------------------------------------
RCG Latitude Master
Fund, LTD...................... $10,822,000 1.22% 254,380 0
-------------------------------------------------------------------------------------------------------------------
RCG Multi Strategy Master
Fund, LTD...................... $720,000 0.08% 16,924 0
-------------------------------------------------------------------------------------------------------------------
S.A.C. Capital Associates,
LLC............................ $500,000 0.06% 11,753 7,500
-------------------------------------------------------------------------------------------------------------------
Sagamore Hill Hub Fund
LTD............................ $35,600,000 4.00% 836,806 0
-------------------------------------------------------------------------------------------------------------------
Singlehedge US
Convertible Arbitrage Fund..... $71,000 0.01% 1,669 0
-------------------------------------------------------------------------------------------------------------------
St. Thomas Trading Ltd. ....... $6,477,000 0.73% 152,247 0
-------------------------------------------------------------------------------------------------------------------
Sturgeon Limited............... $105,000 0.01% 2,468 0
-------------------------------------------------------------------------------------------------------------------
Sutton Brook Capital
Portfolio LP................... $20,000,000 2.50% 470,116 0
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
PRINCIPAL NUMBER OF
AMOUNT AT SHARES OF NUMBER OF
MATURITY OF COMMON STOCK SHARES OF
DEBENTURES PERCENT OF ISSUABLE UPON COMMON STOCK
BENEFICIALLY TOTAL INITIAL OWNED PRIOR TO
SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF
SECURITYHOLDER OFFERED DEBENTURES DEBENTURES (1) DEBENTURES (1)
-------------------------------------------------------------------------------------------------------------------
Swiss Re Financial
Products Corporation........... $47,000,000 5.29% 1,104,773 0
-------------------------------------------------------------------------------------------------------------------
The Coast Fund, LP............. $21,100,000 2.37% 495,972 0
-------------------------------------------------------------------------------------------------------------------
UBS AG London Branch........... $115,000,000 12.94% 2,703,167 0
-------------------------------------------------------------------------------------------------------------------
White River Securities
L.L.C. ........................ $30,500,000 3.43% 716,927 0
-------------------------------------------------------------------------------------------------------------------
Xavex Convertible
Arbitrage #5................... $900,000 0.10% 21,155 0
-------------------------------------------------------------------------------------------------------------------
Xavex Risk Arbitrage
Fund 2......................... $400,000 0.04% 9,402 0
-------------------------------------------------------------------------------------------------------------------
Zurich Institutional
Benchmark Management........... $1,000,000 0.11% 23,506 0
-------------------------------------------------------------------------------------------------------------------
Zurich Institutional
Benchmark Master Fund
LTD............................ $300,000 0.03% 7,052 0
-------------------------------------------------------------------------------------------------------------------
(1) Also includes an equivalent number of non-detachable trust shares of
beneficial interest in P&O Princess Special Voting Trust, a trust
established under the laws of the Cayman Islands. See "Description of
Trust Shares."