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SFL Corporation Raises $75 Million in Tap of 2030 Sustainability-Linked Bonds

Story Highlights
  • SFL completed a $75 million tap of its 2030 sustainability-linked bonds on April 29, 2026.
  • The issue, priced above par, lifts the bond to $225 million and strengthens SFL’s financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SFL Corporation Raises $75 Million in Tap of 2030 Sustainability-Linked Bonds

Meet Samuel – Your Personal Investing Prophet

An announcement from SFL Corporation ( (SFL) ) is now available.

On April 29, 2026, SFL Corporation Ltd. announced it had successfully completed a USD 75 million tap issue of its outstanding senior unsecured sustainability-linked bonds maturing in 2030. Priced at 103.5% of par, the transaction lifts the total size of this bond line to USD 225 million and underscores investor appetite for the company’s sustainability-linked funding.

SFL plans to use the net proceeds for general corporate purposes, providing additional financial flexibility to support its diversified shipping operations and capital needs. The new bonds will initially trade under a separate ISIN until a listing prospectus is approved and they are merged with the existing 2030 bonds, with Danske Bank and Arctic Securities acting as joint bookrunners on the placement.

The most recent analyst rating on (SFL) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on SFL Corporation stock, see the SFL Stock Forecast page.

Spark’s Take on SFL Stock

According to Spark, TipRanks’ AI Analyst, SFL is a Neutral.

The score is held back primarily by volatile profitability and a highly leveraged balance sheet, despite resilient operating cash flow. Technicals are supportive but overextended, and valuation is helped by the very high dividend yield while a negative P/E reflects the recent loss. Earnings-call commentary adds support via backlog-driven cash-flow visibility, but meaningful financing and asset-employment risks remain.

To see Spark’s full report on SFL stock, click here.

More about SFL Corporation

SFL Corporation Ltd. is a Bermuda-based owner of a diversified maritime fleet, including tanker vessels, bulkers, container ships, car carriers and offshore drilling rigs. Listed on the New York Stock Exchange since 2004, the company has a long record of quarterly dividend payments, supported by a portfolio of long-term charters and steady growth in its asset base over time.

Average Trading Volume: 1,566,971

Technical Sentiment Signal: Buy

Current Market Cap: $1.64B

See more data about SFL stock on TipRanks’ Stock Analysis page.

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