Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) priced a €250 million unsecured bond offering in Greece on February 20 2026. The bonds carry a 3.75 % coupon, payable semi‑annually, and mature in 2033. Settlement is scheduled for February 25 2026, with trading on the Athens Exchange beginning February 26 2026.
Proceeds will be used to repay existing debt, finance a portion of the company’s capital expenditure program, and support working‑capital needs. The company estimates offering costs at roughly €7.5 million, about 3 % of the issuance, a typical level for bonds of this size. The financing strengthens CCEC’s balance sheet and provides liquidity to fund its ongoing fleet expansion, which includes 14 vessels in operation and 18 under construction.
The bond issuance follows a €150 million unsecured offering in October 2021, demonstrating CCEC’s track record of accessing debt markets. The company’s $4.3 billion backlog, as noted by CEO Coustas, offers strong earnings visibility and positions it to manage future market developments. The new debt will help the company refinance at a competitive rate, supporting its transition toward cleaner energy cargoes.
Investors welcomed the bond issuance, noting the addition of floating‑rate debt exposure but also the liquidity boost that will support fleet expansion and capital expenditures. The market reaction was generally positive, reflecting confidence in CCEC’s strategy to grow its LNG and gas‑carrier fleet.
The bonds are not registered under the U.S. Securities Act of 1933 and are primarily offered to Greek investors, limiting access for U.S. investors but providing a tailored funding source in the European market.
Overall, the €250 million bond issuance enhances CCEC’s capital structure, reduces debt maturity risk, and underpins its long‑term growth strategy in the energy transition sector.
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