By Marisa Wong
Los Angeles, Feb. 20 – SFL Corp. Ltd. issued NOK 600 million of additional senior notes due January 2025, according to a news release.
The notes bear interest at Nibor plus 440 basis points.
Arctic Securities, Danske Bank Markets, DNB, Nordea and SEB are the lead managers.
Proceeds will be used for general corporate purposes.
Formerly Ship Finance International Ltd., SFL is an owner and operator of vessels and offshore assets. The company is based in Hamilton, Bermuda.
| Issuer: | SFL Corp.
|
| Issue: | Senior floating-rate notes, tap issue
|
| Amount: | NOK 600 million
|
| Maturity: | Jan. 21, 2025
|
| Lead managers: | Arctic Securities, Danske Bank Markets, DNB, Nordea and SEB
|
| Coupon: | Nibor plus 440 bps
|
| Announcement date: | Feb. 20
|
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