Loan & DebtApr 29, 2026, 10:01 AM
SFL Completes $75M Tap Issue of Sustainability-Linked Bonds
AI Summary
SFL Corporation Ltd. successfully completed a tap issue of $75 million of its outstanding senior unsecured sustainability-linked bonds due 2030. The tap issue was priced at 103.5% of par, increasing the total outstanding amount under these bonds to $225 million. The net proceeds from this issuance are intended to be applied towards general corporate purposes.
Key Highlights
- SFL completed a $75 million tap issue of its senior unsecured sustainability-linked bonds due 2030.
- The tap issue was priced at 103.5% of par.
- Total outstanding amount for the 2030 Senior Unsecured Bonds is now $225 million.
- Net proceeds from the tap issue are intended for general corporate purposes.
- Danske Bank and Arctic Securities served as Joint Bookrunners for the placement.