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.