SFL Corporation Ltd. Completes $75 Million Senior Unsecured Sustainability-Linked Bond Tap Issue

SFL Corporation Ltd. announced the successful completion of a tap issue totaling USD 75 million for its outstanding senior unsecured sustainability-linked bond, originally due in 2030. This issuance increases the total outstanding amount of these bonds to USD 225 million. The net proceeds are designated for general corporate purposes. The new bonds issued in this tap will initially trade under a separate ISIN until a listing prospectus is approved, after which they will be merged with the existing 2030 Senior Unsecured Bonds. The tap issue was priced at 103.5% of par, with Danske Bank and Arctic Securities acting as Joint Bookrunners.