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Containers Dry Bulk US States

Ship Finance to offer $150m in convertible notes

The funds will be used for general cash-flow purposes, which may include buying ships. The note issuance will be coupled with a share-lending agreement to help investors hedge the conversion option

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Ship Finance also intends to grant the underwriters an option to purchase additional notes of up to $22.5m

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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