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Fundraising for Ship Finance International

Photo of Sam Chambers Sam ChambersSeptember 30, 2016
3 Less than a minute

Ship Finance International will offer $200m worth of convertible senior notes due 2021. The notes will pay interest quarterly in arrears, have a term of five years, and will be convertible into the company’s common shares.

The company intends to use the net proceeds received from the offering of the notes for general corporate purposes, including working capital and the repurchase of all or a portion of its existing 3.25% convertible notes.

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Photo of Sam Chambers Sam ChambersSeptember 30, 2016
3 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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