Viking Cruises Ltd, founded in 1997 and headquartered in Los Angeles, California, is a global leader in river and ocean cruising. The company aims to provide immersive cruise experiences that blend exploration and cultural enrichment, catering mainly to the premium market segment. Viking's offerings include a fleet of modern river vessels and ocean cruise ships, along with curated itineraries designed to highlight unique, off-the-beaten-path destinations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VIKCRU 5.88% 2027-09-15 USDViking Cruises Ltd | Bermuda | 2027-09-15 | 5.875 | — |
| VIKCRU 5.88% 2027-09-15 USDViking Cruises Ltd | Bermuda | 2027-09-15 | 5.875 | 5.85 |
| VIKCRU 5.88% 2027-09-15 USDViking Cruises Ltd | Bermuda | 2027-09-15 | 5.875 | 5.80 |
| VIKCRU 6.25% 2025-05-15 USDViking Cruises Ltd | Bermuda | 2025-05-15 | 6.250 | 0.00 |
| VIKCRU 6.25% 2025-05-15 USDViking Cruises Ltd | Bermuda | 2025-05-15 | 6.250 | 0.00 |
| VIKCRU 7.00% 2029-02-15 USDViking Cruises Ltd | United States | 2029-02-15 | 7.000 | 6.87 |
| VIKCRU 7.00% 2029-02-15 USDViking Cruises Ltd | United States | 2029-02-15 | 7.000 | 6.87 |
| VIKCRU 9.13% 2031-07-15 USDViking Cruises Ltd | United States | 2031-07-15 | 9.125 | 7.57 |
| VIKCRU 9.13% 2031-07-15 USDViking Cruises Ltd | United States | 2031-07-15 | 9.125 | 7.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Viking Cruises Ltd began issuing bonds to finance its fleet expansion in 2015, with significant bond offerings such as the $500 million bond in 2020 aimed at enhancing operational liquidity during the industry’s downturn. Currently, Viking’s bonds yield competitively compared to other cruise lines, with a recent offering reflecting yields of about 4.5%, benefitting from strong demand for their upscale cruising experience. The company has maintained a reputation for financial stability, allowing it to weather market fluctuations while continuing to expand its fleet and introduce new itineraries.