SFL Corporation Ltd. completed a USD 75 million tap issue of its 2030 senior unsecured sustainability-linked bonds, increasing total outstanding to USD 225 million.
Key takeaways
Tap issue of USD 75 million priced at 103.5% of par, adding to existing 2030 bonds.
Total outstanding under the 2030 bonds now USD 225 million.
Net proceeds intended for general corporate purposes.
Bonds will trade under separate ISIN until merged with existing issue.
Danske Bank and Arctic Securities acted as joint bookrunners.