Celestyal Cruises has successfully concluded a major refinancing operation that replaces its original vessel acquisition funding with a more efficient financial model—an evolution described in industry reports as a significant stride forward for the boutique cruise line.
The revamped financing structure substantially lowers the company’s cost of capital while unlocking flexibility to reinvest in the fleet, enhance onboard products, and expand commercial operations.
According to CFO Marios Theodosiou, the refinancing validates the rapid development of the company's strategy, ranging from full fleet renewal and sustainable operations to year-round scheduling and extended booking horizons.
He noted that this shift signals a growing confidence in Celestyal’s long-term model, built upon improved profitability, reinforced financial resilience, and dependable performance. The arrangement is intended to fuel further expansion into new markets and regions, marking the next phase of Celestyal’s growth trajectory.
In adopting this refined capital structure, Celestyal Cruises positions itself to steer its distinct style of immersive, boutique cruising into a future of renewed fleet capabilities and broader market reach.