John Fredriksen's SFL Corp is expected to pay down maturing debt securities after it raised NOK 600m ($67.5m) in a placement of its senior unsecured bonds.
The cash will be used for general corporate purposes, the Oslo-listed vessel leasing giant said in a filing on Thursday.
The announcement came after Fearnleys Securities said earlier in the day that the shipowner is expected to pay down NOK 500m in senior unsecured bonds that are due to mature on 22 June.
