BRIEF-SFL - Sale Of Three VLCCs And A Jack-Up Rig
Innkommet 13.07.2018 12:35

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

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