| Long-Term Debt - Bank Loans (Table) |
Long-Term Debt - Bank Loans (Table)
| |
|
|
As of June 30, 2025 |
|
As of December 31, 2024 |
Rate of interest |
| |
Credit facilities |
|
|
|
|
|
| (i) |
Issued in October 2022 maturing in October 2028 (the “2022 credit facility”) |
|
91,700 |
|
94,360 |
Margin + Secured Overnight Financing Rate (“SOFR”) |
| (ii) |
Issued in June 2023 maturing in June 2031 (the “2023 credit facility”) |
|
87,500 |
|
90,625 |
Margin + SOFR |
| (iii) |
Issued in January 2024 maturing in December 2030 (the “2024 – LNG/C Axios II credit facility ”) |
|
175,000 |
|
180,000 |
Margin + SOFR |
| (iv) |
Issued in June 2024 maturing in June 2031 (the “2024 – LNG/C Aktoras credit facility”) |
|
227,000 |
|
233,500 |
Margin + SOFR |
| (v) |
Issued in June 2024 maturing in June 2031 (the “2024 – LNG/C Aristidis I credit facility”) |
|
147,250 |
|
151,125 |
Margin + SOFR |
| |
Sale and lease back agreements |
|
|
|
|
|
| (vi) |
Assumed in September 2021 maturing in June 2030 (the “2021 Bocomm”) |
|
115,123 |
|
118,216 |
Margin + SOFR |
| (vii) |
Assumed in September 2021 maturing in November 2029 (the “2021 Bocomm”) |
|
110,260 |
|
113,210 |
Margin + SOFR |
| (viii) |
Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”) |
|
121,175 |
|
124,376 |
Fixed rate |
| (ix) |
Issued in December 2022 maturing in January 2031 (the “2022 Jolco”) |
|
98,179 |
|
100,273 |
($65,779: Margin + SOFR, $32,400: Fixed rate) |
| (x) |
Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”) |
|
164,313 |
|
168,687 |
Margin + SOFR |
| (xi) |
Assumed in December 2023 maturing in October 2033 (the “2023 CMBFL - LNG/C AMI”) |
|
163,159 |
|
174,212 |
Margin + SOFR |
| (xii) |
Issued in May 2024 maturing in May 2032 (the “2023 – LNG/C Assos Jolco”) |
|
231,445 |
|
236,079 |
($190,045: Margin + SOFR, $41,400: Fixed rate) |
| (xiii) |
Issued in July 2024 maturing in July 2032 (the “2024 – LNG/C Apostolos Jolco”) |
|
231,232 |
|
235,870 |
($189,832: Margin + SOFR, $41,400: Fixed rate) |
| (xiv) |
Issued in August 2024 maturing in July 2031 (the “2024 Bocomm – LNG/C Attalos”) |
|
154,315 |
|
158,780 |
Margin + SOFR |
| (xv) |
Issued in August 2024 maturing in July 2031 (the “2024 Bocomm – LNG/C Asklipios”) |
|
154,315 |
|
158,780 |
Margin + SOFR |
| |
Unsecured Bonds |
|
|
|
|
|
| (xvi) |
Issued in October 2021 maturing in October 2026 (the “2021 Bonds”) |
|
175,624 |
|
156,136 |
Fixed rate |
| (xvii) |
Issued in July 2022 maturing in July 2029 (the “2022 Bonds”) |
|
117,082 |
|
104,091 |
Fixed rate |
| |
Total long-term debt |
|
2,564,672 |
|
2,598,320 |
|
| |
Less: Deferred financing costs |
|
18,017 |
|
19,808 |
|
| |
Total long-term debt, net |
|
2,546,655 |
|
2,578,512 |
|
| |
Less: Current portion of long-term debt |
|
133,162 |
|
132,439 |
|
| |
Add: Current portion of deferred financing costs |
|
4,086 |
|
4,056 |
|
| |
Long-term debt, net |
$ |
2,417,579 |
$ |
2,450,129 |
|
|