SFL – Successful placement of 4-year sustainability-linked bonds

Source: www.gulfoilandgas.com 4/5/2024, Location: Europe

SFL Corporation Ltd. successfully placed USD 150 million senior unsecured sustainability-linked bonds due April 19, 2028. The bonds will pay a coupon of 8.25% per annum, and net proceeds will be used to refinance existing bonds and for general corporate purposes. An application will be made for the bonds to be listed on the Oslo Stock Exchange.

Arctic Securities and DNB Markets acted as Joint Bookrunners, and Fearnley Securities, Pareto Securities, SEB and SMBC Nikko acted as Co-Managers, in the placement of the bond issue.


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