International Seaways, Inc. will arrange fixed income investor meetings starting September 3, 2025.
Proceeds from the bond issue will refinance the Ocean Yield sale-and-leaseback agreement and fund general corporate purposes.
The senior unsecured bonds, if issued, will be offered in the U.S. only to qualified institutional buyers under Rule 144A.
Bond Issue Plan
Contemplated bond issue for refinancing and corporate purposes.
Bond Offering Restrictions
Bonds to be offered only to qualified institutional buyers in the U.S.
Company Profile
International Seaways operates a fleet of 77 vessels globally for energy transportation.
- The bond issue could enhance financial flexibility and support future operational activities.
- Restrictions on bond offerings may limit access to a broader investor base.
International Seaways' bond issue plan shows strategic financial management to support operations and refinance existing agreements. The focus on targeted investors reflects a cautious approach to funding.