The New York-listed owner raised NOK 900m ($150m) fromthe sale of the five-year senior unsecured notes, it said today.

SFL said it will use the funds to pay debt and for generalpurposes which could include covering the cost of its latest acquisitions.

On Monday it agreed to buy seven, 4,100-teu vessels from aGerman KG fund with charters attached.

DNB Markets, Nordea Markets and Swedbank were the joint leadarrangers of the new issue.