Edition:
India

Ship Finance International Ltd (SFL.N)

SFL.N on New York Stock Exchange

14.75USD
14 Aug 2018
Change (% chg)

$0.05 (+0.34%)
Prev Close
$14.70
Open
$14.80
Day's High
$14.82
Day's Low
$14.60
Volume
88,364
Avg. Vol
153,919
52-wk High
$15.95
52-wk Low
$12.90

Latest Key Developments (Source: Significant Developments)

SFL - Sale Of Three VLCCs And A Jack-Up Rig
Friday, 13 Jul 2018 

July 13 (Reuters) - Ship Finance International Ltd ::SFL - SALE OF THREE VLCCS AND A JACK-UP RIG.SHIP FINANCE INTERNATIONAL LTD - SALES PRICE FOR SOEHANAH IS CONFIDENTIAL, BUT TRANSACTION IS EXPECTED TO GENERATE A BOOK PROFIT, AND RIG IS DEBT FREE.SHIP FINANCE INTERNATIONAL LTD - NET PROCEEDS FROM SALE WILL BE APPROXIMATELY $77.6 MILLION.SHIP FINANCE INTERNATIONAL LTD - AGGREGATE BOOK VALUE OF THREE VESSELS IS ABOUT $99 MILLION, AND A BOOK IMPAIRMENT EXPECTED TO BE RECORDED IN Q2.SHIP FINANCE INTERNATIONAL - ADS HAS RAISED $58 MILLION IN EQUITY CAPITAL FROM A WIDE GROUP OF INVESTORS, INCLUDING SHIP FINANCE.SHIP FINANCE INTERNATIONAL LTD - HAS TAKEN DELIVERY OF 19 VESSELS WITH LONG-TERM CHARTERS, INCREASING FIXED CHARTER BACKLOG BY NEARLY $600 MILLION.SHIP FINANCE INTERNATIONAL - ADS HAS RAISED $30 MILLION IN FORM OF A NON-AMORTIZING SECURED DEBT FACILITY.  Full Article

Ship Finance International Ltd Qtrly EPS $0.24
Thursday, 31 May 2018 

May 31 (Reuters) - Ship Finance International Ltd ::SFL - FIRST QUARTER 2018 RESULTS.SHIP FINANCE INTERNATIONAL LTD QTRLY EARNINGS PER SHARE $0.24.SHIP FINANCE INTERNATIONAL LTD QTRLY TOTAL CHARTER REVENUES $133 MILLION VERSUS $152 MILLION IN QUARTER ENDING DEC 31, 2017.  Full Article

Ship Finance International Agrees To Buy 4 Container Vessels In Combination With Long-Term Time-Charters
Thursday, 31 May 2018 

May 31 (Reuters) - Ship Finance International Ltd ::SFL - ACQUISITION OF 4 X 14,000 TEU CONTAINER VESSELS.SHIP FINANCE INTERNATIONAL - AGREED TO BUY 4 CONTAINER VESSELS IN COMBINATION WITH LONG-TERM TIME-CHARTERS.SHIP FINANCE INTERNATIONAL - CONSIDERATION WILL BE CASH PLUS ABOUT 4 MILLION NEWLY ISSUED SHARES IN SHIP FINANCE.SHIP FINANCE INTERNATIONAL LTD - CASH CONSIDERATION FOR DEAL IS FINANCED WITH CASH ON BALANCE SHEET AND A $320 MILLION UNSECURED LOAN FACILITY.  Full Article

Ship Finance International Ltd Announces Pricing Of Its Offering Of Convertible Senior Notes
Thursday, 19 Apr 2018 

April 19 (Reuters) - Ship Finance International Ltd ::SFL - SHIP FINANCE INTERNATIONAL LIMITED ANNOUNCES THE PRICING OF ITS OFFERING OF CONVERTIBLE SENIOR NOTES.SHIP FINANCE INTERNATIONAL LTD - PRICING OF ITS OFFERING OF $150 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2023.SHIP FINANCE INTERNATIONAL - NOTES WILL PAY INTEREST QUARTERLY IN ARREARS AT A RATE OF 4.875% PER ANNUM, AND WILL MATURE ON MAY 1, 2023.SHIP FINANCE INTERNATIONAL - UNIT ENTERED SEPARATE SHARE LENDING AGREEMENTS UNDER WHICH IT WILL LEND TO SHARE BORROWERS 7 MILLION OF CO'S COMMON SHARES.SHIP FINANCE INTERNATIONAL - PURCHASERS OF NOTES MAY SEPARATELY SELL UP TO 7 MILLION OF CO'S SHARES THAT THEY MAY BORROW THROUGH SHARE BORROWERS.  Full Article

Ship Finance International Announces Proposed Offering Of Convertible Senior Notes
Thursday, 19 Apr 2018 

April 18 (Reuters) - Ship Finance International Ltd ::SFL - SHIP FINANCE INTERNATIONAL LIMITED ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTES.SHIP FINANCE INTERNATIONAL LTD - INTENDS TO OFFER $150 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2023.SHIP FINANCE INTERNATIONAL - INTENDS TO GRANT UNDERWRITERS OPTION TO PURCHASE UP TO ADDITIONAL $22.5 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES.  Full Article

Ship Finance International reports preliminary Q3 earnings per share of $0.31‍​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Ship Finance International Ltd :SFL - third quarter 2017 results.Ship Finance International Ltd - preliminary earnings per share for Q3 $0.31‍​.Ship Finance International - preliminary ‍total charter revenues for three months ended Sept 30 $150 million​ versus $150 million for three months ended June 30.  Full Article

Ship Finance International announces offering of convertible senior notes
Friday, 30 Sep 2016 

Ship Finance International Ltd : Ship Finance International Limited announces offering of convertible senior notes . Notes will pay interest quarterly in arrears, have a term of five years, and will be convertible into co's common shares . Unit will enter into share lending agreement with affiliates of Jefferies LLC, one of underwriters of notes offering . Share lending agreement under which unit will lend to share borrower up to 8 million of company's common shares . Intends to offer $200 million aggregate principal amount of convertible senior notes due 2021 .Intends to use net proceeds from offering for repurchase of all or a portion of its existing 3.25% convertible notes.  Full Article

Ship Finance International qtrly earnings per share $0.42
Wednesday, 31 Aug 2016 

Ship Finance International Ltd : Qtrly earnings per share $0.42 . Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S .Qtrly charter revenues $159m versus $174m in last quarter.  Full Article

BRIEF-Ship Finance International Ltd Announces Pricing Of Its Offering Of Convertible Senior Notes

* SFL - SHIP FINANCE INTERNATIONAL LIMITED ANNOUNCES THE PRICING OF ITS OFFERING OF CONVERTIBLE SENIOR NOTES