SFL - Successful Placement of 5-year Senior Unsecured Sustainability-Linked Bonds
SFL .SFL .(US:SFL) Globenewswire·2025-01-15 14:56

Core Viewpoint - SFL Corporation Ltd. has successfully issued USD 150 million in senior unsecured sustainability-linked bonds, with a coupon rate of 7.75% per annum, maturing on January 29, 2030, aimed at general corporate purposes [1]. Group 1: Bond Issuance Details - The bonds were issued at a price of 99.50% [1]. - The issuance is part of SFL's strategy to support its corporate activities [1]. Group 2: Management and Contacts - Arctic Securities, Fearnley Securities, Pareto Securities, and SEB served as Joint Bookrunners for the bond offering, while ABN Amro and SMBC acted as Co-Managers [2]. - Key contacts for investor relations include Espen Nilsen Gjøsund, Vice President, and Aksel Olesen, Chief Financial Officer [2]. Group 3: Company Background - SFL has a strong track record in the maritime industry, having paid dividends quarterly since its NYSE listing in 2004 [3]. - 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 asset growth [3].