Core Viewpoint - SFL Corporation Ltd. is initiating a series of fixed income investor meetings to potentially issue NOK denominated senior unsecured bonds, aimed at refinancing existing bonds and supporting general corporate purposes [1][2]. Group 1: Bond Offering Details - The company has engaged Arctic Securities, DNB Markets, and SEB for arranging investor meetings starting September 9th [1]. - The net proceeds from the bond issuance will be used to refinance NOK 600 million senior unsecured bonds maturing in January 2025 [2]. - SFL plans to offer conditional buybacks of the existing bonds and intends to call any remaining outstanding amounts at the prevailing call price upon completion of the bond issuance [3]. Group 2: Company Overview - SFL has maintained a consistent dividend payment record since its listing on the New York Stock Exchange in 2004, showcasing its strong track record in the maritime industry [4]. - The company's fleet includes various types of vessels such as tankers, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth [4].
SFL - Fixed Income Investor Meetings