Golar LNG Limited: Result of partial bond buy-back
Golar LNG Limited has successfully completed a buy-back of its senior unsecured bonds, as announced on December 5, 2022. The Reverse Dutch Auction, which closed on December 9, accepted offers at up to 100% of par value, totaling approximately USD 140 million. Cash settlement for this repurchase is anticipated on December 15, 2022. DNB Markets served as the Manager for the buy-back, contributing to Golar's strategy of optimizing its capital structure.
- Successful buy-back of approximately USD 140 million in senior unsecured bonds.
- Buy-back executed at 100% of par value, reflecting strong market conditions.
- None.
12 December 2022
Golar LNG Limited ("Golar") announces the result of the offer announced on 5 December 2022 to buy back parts of its USD 300 million senior unsecured bonds. The "Reverse Dutch Auction" closed on 9 December 2022 at 16:00 CET, and Golar has accepted offers up to and including a price of
DNB Markets acted as Manager for the buy-back.
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
December 12, 2022
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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