Golar announces pricing of USD 300 million unsecured bond issue.
Golar LNG Limited announced the successful placement of USD 300 million in senior unsecured bonds in the Nordic market. The bonds, with a maturity in October 2025 and a 7.00% annual interest rate, will refinance existing convertible bonds due February 2022 and support general corporate purposes. An application will be submitted to list the bonds on the Oslo Stock Exchange. The bond issuance was coordinated by DNB Markets and Pareto Securities, with Danske Bank and Nordea Bank as joint lead managers.
- Successful placement of USD 300 million in senior unsecured bonds.
- Bonds offer a competitive interest rate of 7.00% per annum.
- Proceeds will refinance existing convertible bonds, improving financial stability.
- Application for bond listing on Oslo Stock Exchange enhances market visibility.
- None.
Golar LNG Limited (the “Company”) has today successfully placed USD 300 million in senior unsecured bonds in the Nordic bond market. The bonds will mature in October 2025 and bear interest at
DNB Markets and Pareto Securities AS acted as Global Coordinators and Danske Bank and Nordea Bank Abp as Joint Lead Managers in the bond issue.
About Golar
Golar LNG is one of the world's most innovative and experienced independent owners and operators of marine LNG infrastructure. The company developed the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have also now been completed for a larger newbuild FLNG solution.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” or the negative of these terms and similar expressions are intended to identify such forward-looking statements.
These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.
Hamilton, Bermuda
October 6, 2021
Enquiries:
Golar Management Limited: + 44 207 063 7900
Karl Fredrik Staubo - CEO
Eduardo Maranhão - CFO
Stuart Buchanan - Head of Investor Relations
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
FAQ
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