Golar share offering

Written by  John McKay
Wednesday, 08 February 2017
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Feb 8 (LNGJ) - Golar LNG Partners, the affiliate of the fleet owner founded in Norway but now based in Bermuda and listed on the US Nasdaq stock exchange, plans to sell 4.5 million common units, representing limited partner interests in an underwritten public offering. The partnership expects to grant to the underwriter a 30-day option to purchase up to an additional 675,000 common units. “The underwriter intends to offer our common units in transactions on the Nasdaq Global Market, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices,” Golar explained. US investment bank Morgan Stanley is acting as the underwriter.

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