Viking Holdings Files 20-F: Loan Details & Operations
Ticker: VIK · Form: 20-F · Filed: Mar 11, 2025 · CIK: 1745201
| Field | Detail |
|---|---|
| Company | Viking Holdings Ltd (VIK) |
| Form Type | 20-F |
| Filed Date | Mar 11, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, debt, operations
TL;DR
Viking Holdings 20-F is in: $225.8M loan details, river/ocean ops, 2024 financials.
AI Summary
Viking Holdings Ltd. filed its 20-F annual report for the fiscal year ending December 31, 2024. The filing details its operations in water transportation, including river vessel charters and ocean ships. Key financial information includes a $225.8 million loan with a fixed rate of 4.73% or variable SOFR plus 2.0%, due through 2027, and secured notes as of December 31, 2023.
Why It Matters
This filing provides investors with a comprehensive overview of Viking Holdings' financial health and operational structure for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing contains specific financial instruments like loans and notes, and operational details that require careful analysis to assess the company's financial risk.
Key Numbers
- $225.8M — Loan Amount (A significant loan facility with specific interest rate terms due through 2027.)
- 4.73% — Fixed Interest Rate (The fixed interest rate for a portion of the $225.8 million loan.)
- 2.0% — Variable Interest Rate Spread (The spread over SOFR for the variable portion of the $225.8 million loan.)
Key Players & Entities
- Viking Holdings Ltd (company) — Filer of the 20-F report
- 2024-12-31 (date) — Fiscal year end
- Two Hundred Twenty Five Point Eight Million Loan Fixed At Four Point Seven Three Percentage Or Variable At Sofr Plus Cas And Two Point Zero Percentage Due Through Two Thousand Twenty Seven (dollar_amount) — Details of a significant loan
- Secured Notes (financial_instrument) — Mentioned as of December 31, 2023
FAQ
What is the total revenue reported by Viking Holdings Ltd. for the fiscal year ending December 31, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2024.
What are the specific terms and maturity dates for the 'Secured Notes' mentioned as of December 31, 2023?
The filing mentions 'Secured Notes' as of December 31, 2023, but does not provide specific terms or maturity dates in the excerpt.
How many river vessels and ocean ships does Viking Holdings operate as of December 31, 2024?
The filing indicates operations in 'RiverVesselCharters' and 'OceanShips' but does not specify the exact number of vessels in the provided text.
What is the total amount of 'Other Reserves' held by Viking Holdings as of December 31, 2024?
The filing references 'OtherReservesMember' for December 31, 2024, but the specific dollar amount is not present in the excerpt.
What was the total Stock Based Compensation expense for Viking Holdings in 2024?
The filing lists 'StockBasedCompensationMember' for December 31, 2024, but the specific expense amount is not detailed in the provided text.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 11, 2025 regarding Viking Holdings Ltd (VIK).