By Paul A. Harris
Portland, Ore., June 9 – Ship Finance International Ltd. announced in a Friday press release that it has successfully placed NOK 500 million of Nibor plus 475 basis points senior unsecured bonds due June 2020.
Danske Bank, DNB Markets and Nordea acted as joint lead managers.
The Bermuda-based holding company, which through its subsidiaries engages primarily in the ownership and operation of ocean-going vessels, plans to use the proceeds to repay debt.
| Issuer: | Ship Finance International Ltd.
|
| Amount: | NOK 500 million
|
| Maturity: | June 2020
|
| Securities: | Unsecured bonds
|
| Bookrunners: | Danske Bank, DNB Markets and Nordea
|
| Coupon: | Nibor plus 475 bps
|
| Announcement: | June 9
|
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