The Evangelos Marinakis-backed, US-listed shipping firm said the bonds will be admitted to trading in the category of fixed income securities of the regulated market of the Athens Exchange.
According to CCEC, the Bonds will mature in 2033 and will have a coupon of 3.75 percent, payable semi-annually.
The offering remians subject to customary closing conditions, and settlement is expected to occur on February 25, 2026.
CCEC said the trading of the bonds on the Athens Exchange is expected to commence on February 26, 2026.
The shipping firm will use the bonds to repay debt and to finance part of CCEC’s capital expenditure, while the remainder of such proceeds, if any, will be used to finance working capital needs.
CCEC estimates the offering’s expenses at approximately 7.5 million euros.
LNG carrier fleet growing
In December 2025, CCEC ordered three LNG carriers from South Korea’s HD Hyundai Samho.
One vessel is scheduled for delivery in the third quarter of 2028 and two further deliveries are scheduled in the first quarter of 2029.
The en-bloc shipbuilding price of these vessels is $769.5 million, or $256.5 per vessel.
With its latest order for three additional LNG carriers, CCEC said it reaffirms its strategic position as the largest US-listed LNG shipping company with 12 vessels currently in the water and nine on order.
CCEC said the company’s newbuilding deliveries span from the third quarter of 2026 to the first quarter of 2029, which coincides with the anticipated expansion of LNG liquefaction capacity from 493 mtpa today to at least 649 mtpa by 2030.
In addition, CCEC has on order an additional 10 gas carriers, including four handy LCO2/multi-gas carriers and six dual-fuel medium gas carriers, with deliveries starting in the first quarter of 2026.
