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Ship Finance International Ltd (SFL.N)

SFL.N on New York Stock Exchange

15.20USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

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

Ship Finance International agrees to amend terms with Deep Sea Supply PLC
Friday, 22 Jul 2016 

Ship Finance International Ltd : DESS and BTG have now agreed that dess will acquire remaining shares in DESS BTG, with settlement in shares, warrants and some cash . As part of overall transaction, ship finance has agreed to reduce charter rates until may 2018 . Deep Sea Supply to amend financing terms, defer up to $68 million of scheduled debt amortization until march 31, 2018 . Ship Finance International Ltd Says agreed to amend terms of long-term chartering agreements with an affiliate of Deep Sea Supply PLC . Following acquisition, dess will be our charter guarantor going forward . Dess will amend financing terms to extend maturity of three loan facilities which were originally due later this year .To reduce charter rates in exchange for extending charter period by 3 years and introducing a 50/50 profit share on charter revenues.  Full Article

Ship Finance Q1 earnings per share $0.50
Tuesday, 31 May 2016 

Ship Finance International Ltd : Q1 revenue $117.6 million . Reported net operating income pursuant to u.s. Gaap for quarter was $57.2 million, or $0.61 per share . Qtrly earnings per share $0.50 . Q1 earnings per share view $0.63, revenue view $116.3 million -- Thomson Reuters I/B/E/S .First quarter 2016 results.  Full Article

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Hedge funds hook shipping stocks grappling for recovery

LONDON Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry.