Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

SFI expands its war chest

SFI expands its war chest
Ship Finance International (SFI) has announced an offering of 8m common shares, worth around $140m at the company's current trading price.

The net proceeds from the offer on the New York Stock Exchange are earmarked for use in expanding SFI's diverse 69-vessel fleet across shipping and offshore sectors.

Morgan Stanley will be the sole book-runner for the fully underwritten offer.

At the end of May this year, SFI announced an order of four 8,700 teu box ships in South Korea, set for delivery in late 2014 and early 2015.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
TMSRPan21-22 Category Promo 600_600-resize
Read Now

The 21st Edition of Panama Maritime Review

"We will invest in digital transformation, exploring innovative ways in which we can maxinimise the Canal's capacity to provide value guarentee quality of service to our customers."

Ricaurte Vásquez Morales, Panama Canal Administrator

Read Panama Maritime Review 2021/22 to find out more.

TMSRPan21-22 Category Promo 600_600-resize