tiprankstipranks
SFL Corporation Secures $150 Million in Sustainability-Linked Bonds
Company Announcements

SFL Corporation Secures $150 Million in Sustainability-Linked Bonds

Story Highlights

Stay Ahead of the Market:

SFL Corporation ( (SFL) ) has shared an announcement.

On January 15, 2025, SFL Corporation Ltd. successfully issued USD 150 million in senior unsecured sustainability-linked bonds, with a maturity date of January 29, 2030. These bonds, aimed at supporting general corporate purposes, will offer a quarterly coupon rate of 7.75% per annum, priced at 99.50%. The issuance reflects SFL’s strategic financial maneuvers to bolster its operational capabilities and sustain its growth trajectory in the maritime sector.

More about SFL Corporation

SFL Corporation Ltd. is a prominent player in the maritime industry, boasting a fleet that includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs. The company has demonstrated a consistent track record of paying dividends since its listing on the New York Stock Exchange in 2004. SFL’s operations are underpinned by long-term charters and a growing asset base, indicating its robust distribution capacity and strategic market positioning.

YTD Price Performance: 6.04%

Average Trading Volume: 880,377

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.61B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles