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Ship Finance International 4Q/12 results

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    fcras
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    Hamilton, Bermuda, February 25, 2013. Ship Finance International Limited ("Ship Finance" or the "Company") today announced its preliminary financial results for the quarter ended December 31, 2012.

    Highlights

    Fourth quarter dividend of $0.39 per share was prepaid in December 2012

    Acquisition of two car carriers in combination with long-term charters

    Raised approximately $89 million in a public equity offering

    Raised the equivalent of approximately $105 million in NOK-denominated senior notes due 2017

    Refinanced $420 million bank debt related to an ultra-deepwater drillship

    Raised $350 million senior convertible notes due 2018 subsequent to quarter-end

    Disposal of four older vessels in 4Q 2012 and two vessels in 1Q 2013

    Fourth Quarter 2012 Results:
    http://hugin.info/134876/R/1680760/549262.pdf

    Presentation of 4th quarter 2012 results:
    http://hugin.info/134876/R/1680849/549279.pdf

    SFL website:
    http://www.shipfinance.bm/

    64205_sfl1.png

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