Costamare Inc. (CMRE.PC) bonds
CMRE.PCNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31Also trades as CMRE, CMRE.PB, CMRE.PD
$25.54+0.09 (+0.36%)
Close on Oct 30, 2026Market cap –P/E –Yield –
Debt
Borrowings on the balance sheet, Jun 30, 2026
Total debt
$1.50B
$231.67M due within a year
Net debt
$1.15B
After $353.78M of cash
Implied interest rate
5.61%
FY2025 interest ÷ average debt
Interest coverage
5.1×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2025
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in Costamare's 20-F for the period ended Dec 31, 2025
| Issue | Coupon | Amount issued | Carrying value |
|---|---|---|---|
| Achilleas Maritime Corporation Et Al | – | – | $18.41M |
| Ainsley Maritime Co And Ambrose Maritime Co Loan Agreement | – | $49.55M | $99.11M |
| Alford Shipping Co Finney Shipping Co Kalamata Shipping Corporation Nisbet Shipping Co And Novara Shipping Co Loan Agreement | – | $44.00M | – |
| Bastian Shipping Co Et Al | – | – | $146.40M |
| Beardmore Maritime Co | – | – | $120.00M |
| Benedict Maritime Co | – | – | $212.67M |
| Bertrand Maritime Co | – | – | $241.57M |
| Capetanissa Maritime Corporation And Berg Shipping Co Loan Agreement | – | $25.55M | – |
| Capetanissa Maritime Corporation And Berg Shipping Co Tranche A | – | $9.06M | – |
| Capetanissa Maritime Corporation And Berg Shipping Co Tranche B | – | $6.36M | – |
| Capetanissa Maritime Corporation Et Al | – | – | $15.42M |
| Costamare Inc1 | – | – | $20.75M |
| Financial Arrangement Share Purchase Agreement | – | $0 | – |
| Hyde Maritime Co And Skerrett Maritime Co Loan Agreement | – | $46.64M | $93.29M |
| Kalamata Shipping Corporation Et Al | – | – | $44.00M |
| Kemp Maritime Co Loan Agreement | – | $47.13M | $47.13M |
| Loan Agreement With11 Companies | – | $158.11M | – |
| Loan Agreement With11 Companies Refinancing Tranche | – | $2.41M | – |
| Loan Agreement With11 Companies Tranche A And B | – | $8.00M | – |
| Loan Agreements With Barkley And Conley Shipping Cos And Bertrand And Schofield Maritime Cos | – | $245.00M | – |
| Loan Agreements With Barkley Shipping Co And Conley Shipping Co | – | $130.00M | – |
| Loan Agreements With Beardmore And Fairbank Maritime Companies | – | $120.00M | – |
| Loan Agreements With Bertrand Maritime Co And Schofield Maritime Co | – | $111.57M | – |
| Loans Agreement With Fairbanks Maritime Co | – | $60.00M | – |
| Loans Agreement With Sykes Maritime Co | – | $22.32M | – |
| Loans Agreements One ML Subsidiary2 | – | $4.57M | – |
| Loans Agreements One NML Subsidiary | – | $3.95M | – |
| Loans Agreements One NML Subsidiary4 | – | $8.93M | – |
| Loans Agreements One Nml Subsidiary3 | – | $9.79M | – |
| Loans Agreements One Nml Subsidiary5 | – | $10.92M | – |
| Loans Agreements One Nml Subsidiary7 | – | $3.55M | – |
| Loans Agreements One Nml Subsidiary8 | – | $4.62M | – |
| Loans Agreements Two NML Subsidiaries2 | – | $9.65M | – |
| Loans Agreements Two NML Subsidiaries3 | – | $8.53M | – |
| Loans Agreements Two NML Subsidiaries4 | – | $7.67M | – |
| Loans Agreements Two Nml Subsidiaries | – | $7.15M | – |
| Loans Agreements4 Nml Subsidiaries | – | $20.25M | – |
| NML Loan10 | – | – | $0 |
| NML Loan11 | – | – | $0 |
| NML Loan12 | – | $5.03M | $5.03M |
| NML Loan13 | – | – | $0 |
| NML Loan15 | – | – | $4.62M |
| NML Loan16 | – | – | $10.92M |
| NML Loan17 | – | – | $0 |
| NML Loan18 | – | $78.04M | $78.04M |
| NML Loan19 | – | $10.43M | $10.43M |
| NML Loan2 | – | – | $20.25M |
| NML Loan3 | – | – | $7.15M |
| NML Loan4 | – | – | $9.65M |
| NML Loan5 | – | – | $3.95M |
| NML Loan6 | – | – | $4.57M |
| NML Loan7 | – | – | $8.53M |
| NML Loan8 | – | – | $9.79M |
| NML Loan9 | – | – | $8.93M |
| Nml Loan Agreement | – | – | $0 |
| Nml Loan14 | – | – | $3.55M |
| Quentin Shipping Co And Sander Shipping Co2 | – | – | $53.88M |
| Reddick Shipping Co And Verandi Shipping Co3 | – | – | $9.00M |
| Refinance Term Loan For Quentin Shipping And Sander Shipping | – | $26.94M | – |
| Refinance Term Loan For Reddick Shipping And Verandi Shipping | – | $9.00M | – |
| Refinance Term Loan For Ten Companies | – | $146.60M | – |
| Refinance Term Loan To Vulpecula Volans Virgo And Vela And Tranche C Of11 Companies Term Loan | – | $20.75M | – |
| Refinance Term Loans Of17 Companies | – | $212.67M | – |
| Sykes Maritime Co | – | – | $22.32M |
| The Bond | 2.70% | €100.00M | – |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 20-F.