Capital Clean Energy Carriers Corp. Announces Pricing of €250 Million Unsecured Bonds

Capital Clean Energy Carriers (NASDAQ: CCEC) priced €250 million of unsecured bonds due 2033 with a 3.75% coupon payable semi-annually.

Rhea-AI Summary

Capital Clean Energy Carriers (NASDAQ: CCEC) priced €250 million of unsecured bonds due 2033 with a 3.75% coupon payable semi-annually. Settlement is expected on February 25, 2026 and trading on the Athens Exchange is expected to begin on February 26, 2026.

According to the company, proceeds will repay debt, fund part of capital expenditure and finance working capital as needed. Offering expenses are estimated at approximately €7.5 million. The Bonds are not registered under the U.S. Securities Act and generally will not be offered in the United States.

Positive

• Raised €250 million of unsecured financing due 2033
• Proceeds allocated to debt repayment and capital expenditure

Negative

• Offering expenses of approximately €7.5 million
• Bonds are unsecured, presenting higher creditor risk vs. secured debt
• Securities are not registered in the U.S., limiting U.S. investor access

Argus Feb 23 session

+0.93% close to close Open Argus

Details

News Market Reaction – CCEC

On Feb 23, the first trading day after this news, CCEC closed 0.93% above the previous close.

Data tracked by StockTitan Argus for the Feb 23 session.

Market Context

This announcement details a €250 million unsecured bond issue maturing in 2033 at a 3.75% coupon, wi...

Analysis

This announcement details a €250 million unsecured bond issue maturing in 2033 at a 3.75% coupon, with proceeds earmarked for debt repayment, capital expenditures, and working capital. It follows recent steps to reshape CCEC’s fleet toward LNG and other energy-transition cargoes. Investors may track how this funding supports the existing capex schedule, affects interest costs, and interacts with previously disclosed contracted revenue and dividend commitments.

Key Figures

Bond offering size: €250 million Bond coupon: 3.75% Offering expenses: €7.5 million +5 more

Bond offering size

€250 million

Unsecured bonds to be listed on Athens Exchange

Bond coupon

3.75%

Coupon rate, payable semi-annually

Offering expenses

€7.5 million

Estimated expenses related to bond offering

Bond maturity year

2033

Stated maturity of the unsecured bonds

Settlement date

February 25, 2026

Expected bond settlement date

Trading start date

February 26, 2026

Expected start of trading on Athens Exchange

Securities Act year

1933

U.S. Securities Act of 1933 referenced for registration

Coupon frequency

Semi-annually

Frequency of bond interest payments

Historical Context

5 past events · Latest: Jan 22

5 events

1. Jan 22

   Dividend declaration

   24h Move

   +0.2%

   Declared Q4 2025 cash dividend of $0.15 per share with DRIP.

2. Jan 21

   Vessel sale & deleveraging

   24h Move

   -0.4%

   Booked $4.2M gain, used proceeds to repay $84.4M of debt.

3. Jan 06

   LCO2 carrier delivery

   24h Move

   -2.8%

   Took delivery of 22,000 cbm LCO2/multi‑gas carrier Active and financed it.

4. Dec 29

   LNG fleet expansion

   24h Move

   +0.5%

   Ordered three LNG carriers for $769.5M, lifting LNG/gas growth pipeline.

5. Nov 20

   Container vessel sale

   24h Move

   -2.8%

   Announced sale of Neo‑Panamax container ship with debt paydown plan.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

unsecured bonds, coupon, Regulated Market, working capital, +1 more

5 terms

unsecured bonds financial

"successfully priced the offering of €250 million of unsecured bonds to investors in Greece"

Unsecured bonds are loans a company issues that are not backed by specific assets or collateral; investors rely on the issuer’s promise to pay rather than a claim on property if the company fails. They matter to investors because they carry higher risk than secured debt—so issuers usually pay higher interest—but also sit behind secured creditors in repayment order, which affects potential recovery if the issuer defaults.

coupon financial

"The Bonds will mature in 2033 and will have a coupon of 3.75%, payable semi-annually."

A coupon is the regular interest payment a bond issuer promises to make to bondholders, usually expressed as a percentage of the bond’s face value. It matters to investors because it provides predictable income like a steady paycheck and helps determine a bond’s market value and sensitivity to interest rate changes — higher coupons cushion price drops, while low coupons make bonds more sensitive to rate swings.

Regulated Market regulatory

"admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange."

A regulated market is an organized trading venue overseen by government or independent authorities that enforces rules on who can list, what information must be published, and how trades are executed. Think of it like a store that must pass safety inspections and display clear labels: the oversight promotes honesty, regular reporting, and fair access, which helps investors compare options, find buyers and sellers, and reduces the risk of fraud or hidden problems.

working capital financial

"remainder of such proceeds, if any, will be used to finance working capital needs."

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

View in glossary

Regulation S regulatory

"persons located in the United States (as defined in Regulation S under the Securities Act)."

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATHENS, Greece, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced that it has successfully priced the offering of €250 million of unsecured bonds to investors in Greece (the “Bonds”) which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange.

The Bonds will mature in 2033 and will have a coupon of 3.75%, payable semi-annually. The offering is subject to customary closing conditions, and settlement is expected to occur on February 25, 2026. The trading of the Bonds on the Athens Exchange is expected to commence on February 26, 2026.

The proceeds of the Bonds will be used to repay debt, to finance part of CCEC’s capital expenditure and the remainder of such proceeds, if any, will be used to finance working capital needs. CCEC estimates the expenses of the offering to be approximately €7.5 million.

The Bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state of the United States, and, subject to certain exceptions, may not be offered or sold in the United States. The offering is not directed to, and may not be accessed by, persons located in the United States (as defined in Regulation S under the Securities Act).

About Capital Clean Energy Carriers Corp.

Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping company, is a leading platform of gas carriage solutions with a focus on the energy transition. CCEC’s in-the-water fleet includes 14 high specification vessels, including 12 latest generation LNG carriers (“LNG/C”), one legacy Neo-Panamax container vessel and one handy LCO₂/multi-gas carrier. In addition, CCEC’s under-construction fleet includes nine additional latest generation LNG/Cs, six dual-fuel medium gas carriers and three handy LCO₂/multi-gas carriers, to be delivered between the second quarter of 2026 and the first quarter of 2029.  

For more information about CCEC, please visit: www.capitalpplp.com        

Forward-Looking Statements
The statements in this press release that are not historical facts may be forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. Unless required by law, we expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, to conform them to actual results or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking statements. We make no prediction or statement about the performance of our common shares.

Contact Details:

Investor Relations / Media
Brian Gallagher
EVP Investor Relations
Tel. +44-(770) 368 4996
E-mail: b.gallagher@capitalmaritime.com        

Nicolas Bornozis / Markella Kara
Capital Link, Inc. (New York)
Tel. +1-212-661-7566
E-mail: ccec@capitallink.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the key terms of CCEC's €250 million bond offering announced February 20, 2026?

The bonds mature in 2033 with a 3.75% coupon paid semi-annually. According to the company, settlement is expected on February 25, 2026 and trading on the Athens Exchange on February 26, 2026.

How will Capital Clean Energy Carriers (CCEC) use proceeds from the €250 million bond issuance?

Proceeds will repay debt, finance part of capital expenditure and cover working capital needs. According to the company, these allocations are the stated priorities for the bond proceeds.

Are CCEC's new bonds available to U.S. investors following the February 20, 2026 announcement?

No, the bonds are not registered under the U.S. Securities Act and generally may not be offered in the United States. According to the company, the offering is conducted under Regulation S and excludes U.S. investors.

When will CCEC's €250 million bonds begin trading on the Athens Exchange?

Trading is expected to commence on February 26, 2026. According to the company, settlement is expected one day earlier on February 25, 2026, subject to customary closing conditions.

What are the estimated costs of CCEC's bond offering disclosed February 20, 2026?

Estimated offering expenses are approximately €7.5 million. According to the company, that is the projected fee and expense estimate related to the issuance and listing of the bonds.