International Seaways Issues $250M Bonds for VLCCs
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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.
