SFL - Announces Sucessful Placing of NOK Denominated Bonds due 2020
(Thomson Reuters ONE) -
Ship Finance International Limited (NYSE: SFL) (the "Company") announced today
that it has successfully placed NOK 500 million NIBOR+4.75% senior unsecured
bonds due June 2020. An application will be made for the bonds to be listed on
the Oslo Stock Exchange. The net proceeds from the bond issuance will be used to
repay existing indebtedness.
Danske Bank, DNB Markets and Nordea acted as Joint Lead Managers for the
issuance.
June 9, 2017
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda
Questions can be directed to Ship Finance Management AS:
Investor and Analyst Contacts:
Harald Gurvin, Chief Financial Officer, Ship Finance Management AS
+47 23 11 40 09
André Reppen, Senior Vice President, Ship Finance Management AS
+47 23 11 40 55
Media Contact:
Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
+47 23 11 40 11
About Ship Finance
Ship Finance International Limited (NYSE: SFL) has an unprecedented track record
in the maritime industry, being consistently profitable and paying dividends
every quarter since 2004. The Company's fleet of more than 70 vessels is split
between tankers, bulkers, container vessels and offshore assets, and Ship
Finance's long term distribution capacity is supported by a portfolio of long
term charters and significant growth in the asset base over time. More
information can be found on the Company's website: www.shipfinance.bm
Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions. Important factors that,
in the Company's view, could cause actual results to differ materially from
those discussed in this presentation include the strength of world economies and
currencies, general market conditions including fluctuations in charter hire
rates and vessel values, changes in demand in the tanker market as a result of
changes in OPEC's petroleum production levels and worldwide oil consumption and
storage, changes in the Company's operating expenses including bunker prices,
dry-docking and insurance costs, changes in governmental rules and regulations
or actions taken by regulatory authorities, potential liability from pending or
future litigation, general domestic and international political conditions,
potential disruption of shipping routes due to accidents or political events,
and other important factors described from time to time in the reports filed by
the Company with the United States Securities and Exchange Commission.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ship Finance International Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Bonterra Announces $ 12.9 Million Bought Deal FinancingDatum: 09.06.2017 - 17:04 Uhr
Sprache: Deutsch
News-ID 547238
Anzahl Zeichen: 3971
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SFL - Announces Sucessful Placing of NOK Denominated Bonds due 2020"
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