Dec 3 (LNGJ) - Golar LNG Ltd, the fleet operator and project developer, plans to offer 11 million common shares to the public with a par value $1.00 per share through an underwritten public offering. The company intends to use the net proceeds from the sale to partially repay loans and for funding general corporate activities.
Golar also intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1.65M common shares. Joint book-running managers of the share sale are the US Citigroup, and Nordic banks Clarksons Platou Securities and DNB Markets. Norway-based Arctic Securities is acting as a manager for the offering.
