SFL - Announcement of Public Offering of Common Shares

Core Viewpoint - SFL Corporation Ltd. plans to offer 8,000,000 common shares through an underwritten public offering, with net proceeds aimed at general corporate purposes, including vessel acquisitions [1]. Group 1: Offering Details - The offering will consist of 8,000,000 common shares with a par value of $0.01 each [1]. - Morgan Stanley is the sole bookrunning manager, while BTIG, LLC serves as the lead manager for the offering [2]. - The company intends to grant underwriters a 30-day over-allotment option to purchase an additional 1,200,000 common shares [6]. Group 2: Company Background - SFL Corporation has a strong track record in the maritime industry, having paid dividends quarterly since its NYSE listing in 2004 [4]. - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and asset growth [4]. Group 3: Regulatory and Documentation - The offering is being conducted via a prospectus supplement and accompanying base prospectus, with a registration statement filed with the U.S. Securities and Exchange Commission [7].