Did $250 Million Bond Issue and New Covenants Just Shift International Seaways' (INSW) Investment Narrative?

Simply Wall St.10-06

On September 23, 2025, International Seaways, Inc. issued US$250 million of 7.125% senior unsecured bonds due 2030 at par, with interest to be paid semi-annually and application submitted for listing ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2573528628?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/9551704-choice1-main-header/1585186907289","is_english":true,"pubTime":"2025-10-06 05:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2573528628","market":"hk","top_or_hot":-1,"title":"Did $250 Million Bond Issue and New Covenants Just Shift International Seaways' (INSW) Investment Narrative?","media":"Simply Wall St.","content":"<div>\n<p>On September 23, 2025, International Seaways, Inc. issued US$250 million of 7.125% senior unsecured bonds due 2030 at par, with interest to be paid semi-annually and application submitted for listing ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nyse-insw/international-seaways/news/did-250-million-bond-issue-and-new-covenants-just-shift-inte\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Did $250 Million Bond Issue and New Covenants Just Shift International Seaways' (INSW) Investment Narrative?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDid $250 Million Bond Issue and New Covenants Just Shift International Seaways' (INSW) Investment Narrative?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-06 05:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/energy/nyse-insw/international-seaways/news/did-250-million-bond-issue-and-new-covenants-just-shift-inte><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On September 23, 2025, International Seaways, Inc. issued US$250 million of 7.125% senior unsecured bonds due 2030 at par, with interest to be paid semi-annually and application submitted for listing ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nyse-insw/international-seaways/news/did-250-million-bond-issue-and-new-covenants-just-shift-inte\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INSW","symbol_name":"International Seaways Inc","start_time":0,"source_url":"https://simplywall.st/stocks/us/energy/nyse-insw/international-seaways/news/did-250-million-bond-issue-and-new-covenants-just-shift-inte","article_id":"2573528628","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9551704-choice1-main-header/1585186907289"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/energy/nyse-insw/international-seaways/news/did-250-million-bond-issue-and-new-covenants-just-shift-inte","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2573528628","pubTimestamp":1759699289,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"On September 23, 2025, International Seaways, Inc. issued US$250 million of 7.125% senior unsecured bonds due 2030 at par, with interest to be paid semi-annually and application submitted for listing on the Oslo Stock Exchange.\nThis financing incorporates financial covenants and distribution restrictions, which could shape the company's future balance sheet flexibility and access to capital.\nWe'll now explore how this significant debt issuance and its covenants may influence International...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"INSW":"International Seaways Inc","BK4144":"石油与天然气的储存和运输","TMF":"3倍做多20年期以上国债ETF-Direxion","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF"},"translate_title":"2.5亿美元的债券发行和新契约是否改变了国际航道公司(INSW)的投资叙事？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US6M.BOND":1.5,"US3Y.BOND":1.5,"US10Y.BOND":1.5,"US12M.BOND":1.5,"US7Y.BOND":1.5,"TLTW":0.6,"US5Y.BOND":1.5,"TMF":0.6,"US2Y.BOND":1.5,"US30Y.BOND":1.5,"INSW":1.5},"content_text":"On September 23, 2025, International Seaways, Inc. issued US$250 million of 7.125% senior unsecured bonds due 2030 at par, with interest to be paid semi-annually and application submitted for listing on the Oslo Stock Exchange. This financing incorporates financial covenants and distribution restrictions, which could shape the company's future balance sheet flexibility and access to capital. We'll now explore how this significant debt issuance and its covenants may influence International Seaways' outlook and long-term investment narrative. Uncover the next big thing with financially sound penny stocks that balance risk and reward.AdvertisementInternational Seaways Investment Narrative RecapTo be a shareholder in International Seaways, you need conviction in the persistence of global seaborne oil and product demand, as well as the company's ability to capture value from evolving trade routes. The recent US$250 million bond issuance strengthens liquidity ahead of the proposed VLCC buybacks but does not materially alter current catalysts such as tightening shipping supply or market risks like regulatory changes impacting the tanker sector. The bond issue closely follows the Q2 earnings announcement, which highlighted reduced revenues and profits year-on-year. This linkage is particularly relevant as the added capital provides potential support for ongoing fleet modernization, a key driver in adapting to stricter environmental regulations and possibly supporting margins in the near term. However, investors should be aware that, in contrast, the new financial covenants introduce limits on distributions and potential constraints during industry downturns if liquidity levels... Read the full narrative on International Seaways (it's free!)International Seaways' outlook anticipates $848.0 million in revenue and $288.7 million in earnings by 2028. This is based on a projected annual revenue growth rate of 2.0% and a $50.1 million increase in earnings from the current $238.6 million.Uncover how International Seaways' forecasts yield a $53.50 fair value, a 14% upside to its current price.Exploring Other PerspectivesINSW Community Fair Values as at Oct 2025 Simply Wall St Community members submitted 6 fair value estimates for International Seaways ranging from US$30 to US$109.21. With tightening environmental mandates looming, your view on future compliance costs may tip the balance as you assess these varied perspectives.Explore 6 other fair value estimates on International Seaways - why the stock might be worth 36% less than the current price!Build Your Own International Seaways NarrativeDisagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.A great starting point for your International Seaways research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision.Our free International Seaways research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate International Seaways' overall financial health at a glance.Contemplating Other Strategies?Opportunities like this don't last. These are today's most promising picks. Check them out now:AI is about to change healthcare. These 32 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.Find companies with promising cash flow potential yet trading below their fair value.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2573528628","isCrawlerRequest":true}