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Published on 4/28/2021 in the Prospect News Green Finance Daily and Prospect News High Yield Daily.

Ship Finance taps banks for offering of dollar five-year sustainability-linked notes

By Paul A. Harris

Portland, Ore., April 28 – SFL Corp. Ltd., formerly known as Ship Finance International Ltd., mandated DNB Markets, as joint bookrunner and sustainability structuring adviser, to arrange a series of meetings with fixed income investors ahead of a contemplated offering of dollar-denominated five-year sustainability-linked notes, pending market conditions, according to a company news release.

Arctic Securities and Pareto Securities are also joint bookrunners.

The Hamilton, Bermuda, maritime shipper plans to use the proceeds to refinance existing bonds and for general corporate purposes.


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