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Subject:  Re: SFL bond offering Date:  1/30/2013  6:50 PM
Author:  brewer12345 Number:  2818 of 3371

Guys, this is capital markets 101. SFL and JF are no dummies and they are astute observers of the capital markets. They know that the junk bond market has gotten stupid and so has the convertible market. Since they are very good at choosing their spots on when to raise funds as markets are behaving badly, they went out with a bond issue. The convert structure that includes a major h