debt
confidence high
sentiment neutral
materiality 0.50
International Seaways Plans Five-Year Senior Unsecured Bond Issue to Refinance Ocean Yield Agreement
International Seaways, Inc.
- International Seaways (NYSE: INSW) will hold fixed income investor meetings starting September 3, 2025.
- Company may issue a five-year USD denominated senior unsecured bond, subject to market conditions.
- Net proceeds intended to refinance the Ocean Yield sale-and-leaseback agreement and for general corporate purposes.
- Bonds will be offered only to qualified institutional buyers under Rule 144A in the United States.
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