tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

International Seaways Issues $250M Bonds for VLCCs

Story Highlights
International Seaways Issues $250M Bonds for VLCCs

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

International Seaways ( (INSW) ) has provided an announcement.

On September 23, 2025, International Seaways, Inc. issued $250 million in senior unsecured bonds due 2030, bearing an interest rate of 7.125% per year. These bonds, which are to be listed on the Oslo Stock Exchange, will be used to finance the repurchase of six VLCCs and for general corporate purposes. The bonds include financial covenants and restrictions, and offer redemption options under specific conditions, impacting the company’s financial strategy and market operations.

The most recent analyst rating on (INSW) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on International Seaways stock, see the INSW Stock Forecast page.

Spark’s Take on INSW Stock

According to Spark, TipRanks’ AI Analyst, INSW is a Outperform.

International Seaways receives a strong overall score due to its robust financial performance, attractive valuation, and positive earnings call sentiment. The company’s strong profitability, cash flow generation, and strategic fleet renewal efforts are significant strengths. However, challenges such as declining revenue growth and market uncertainties are areas to watch.

To see Spark’s full report on INSW stock, click here.

More about International Seaways

Average Trading Volume: 567,359

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.35B

See more data about INSW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1