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0.000710227272727258 0.000710227272727258 0.000710227272727258 0.000710227272727258 0.00142045454545464 0 0 0.00142045454545464
Stock impact report

Frontline in sale-and-leaseback deal for as much as $544M [Seeking Alpha]

Frontline Plc Ordinary Shares (FRO) 
Last frontline plc ordinary shares earnings: 2/27 01:30 am Check Earnings Report
US:NYSE Investor Relations: frontline.bm/page/7/investor_relations
Company Research Source: Seeking Alpha
| On the Move Frontline in sale-and-leaseback deal for as much as $544M Mar. 6, 2020 3:14 PM ET Frontline Ltd. (FRO) Carl Surran Frontline ( +3.2% signed a sale-and-leaseback agreement The seven-year lease agreement carries a rate of LIBOR plus 230 basis points and includes a purchase obligation for Frontline at the end of the lease. Frontline says the proceeds of the lease financing will be used to fund the cash amount payable upon closing of the acquisition of 10 2019-built Suezmax tankers from Trafigura scheduled for March. See all stocks on the move » Now read: Frontline Ltd. 2019 Q4 - Results - Earnings Call Presentation » Show less Read more
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