Skunked in New York, Success Outside

Having been unsuccessful in New York in its efforts to sell up to $400 million of ten-year senior unsecured notes in December, Ship Finance International Limited played it safe and stayed closer to home in its latest capital raising effort. The earlier effort, which was tied to a tender offer for its 8.5% Senior Notes due 2013, was stymied by weakening market conditions in the debt capital markets due to the sovereign debt issues in Ireland.

This is only an excerpt of Skunked in New York, Success Outside

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login
Username
Password

Related Archive Files

• No Related Post