SFL Corporation Announces Successful Bond Placement

SFL Corporation (SFL) has released an update.

SFL Corporation Ltd. has announced the successful placement of NOK 750 million in senior unsecured bonds set to mature on September 25, 2029, with the proceeds aimed at redeeming existing bonds and for general corporate purposes. The bonds will carry a quarterly coupon rate tied to the 3-month Norwegian Interbank Offered Rate plus 3.25%. The company also revealed plans to redeem all outstanding bonds from a previous issuance, in line with its strategic financial management.

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