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Thursday, 15 June 2017

SFL - Announces Call of NOK Denominated Bonds due 2017

Ship Finance International Limited    

Published: 18:19 CEST 15-06-2017 /GlobeNewswire /Source: Ship Finance International Limited / : SFL /ISIN: BMG810751062

SFL - Announces Call of NOK Denominated Bonds due 2017

Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the "Company") announced today that it has exercised its call option at a price of 100.50 percent of par value with regards to the NOK 600 million senior unsecured bonds due October 2017, ISIN NO 0010661655. The settlement date will be 28 July 2017 and the bonds will be transferred to the payment agent for deletion immediately upon delivery to the Company.

June 15, 2017

The Board of Directors

Ship Finance International Limited

Hamilton, Bermuda


Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management's examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions. Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in the Company's operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission.

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Ship Finance International Limited, P.O. Box HM 1593, Par-la-Ville Place, 14 Par-la-Ville Road , Hamilton HM 08, Bermuda
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