SFL announced a bond offering of $250M. Then turned around, upsized the deal to $350M. Then,my guess on "major shareholder" would be, Fredriksen trusts loaned out about $100M in sharesfor a Deutsche Bank subsidiary to short the company.http://finance.yahoo.com/news/sfl-ship-finance-international...It sorta reads like major shareholder is selling shares, but they aren't. At least,not at the present time. I wonder if DB is playing the short side because they know the Q4 div was accelerated, and paid out early. Thus, a dividend bounce is less likely, and thelack of dividend might surprise some investors. I'm guessing the proceeds from thebond offering go to retire most of the debt on the existing bond repayment.
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