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Published on 4/29/2021 in the Prospect News Green Finance Daily and Prospect News High Yield Daily.

New Issue: SFL prices $150 million 7¼% sustainability-linked notes due 2026

By Wendy Van Sickle

Columbus, Ohio, April 29 – SFL Corp. Ltd. issued $150 million of 7¼% senior sustainability-linked notes due May 2026, according to a news release.

DNB Markets, Arctic Securities and Pareto Securities are the bookrunners.

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 sustainability-linked bonds
Amount:$150 million
Maturity:May 12, 2026
Bookrunners:DNB Markets, Arctic Securities and Pareto Securities
Co-manager:SMBC Nikko
Coupon:7¼%
Announcement date:April 29

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