LNG

Feb 14 (LNGJ) - Golar LNG, the global LNG fleet operator and floating storage and regasification unit (FSRU) specialist, is raising up to $400 million by selling a form of bond, Convertible Senior Notes due in 2022. Golar is offering $350M of the paper in a private placement to qualified institutional buyers. “The company also intends to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $52.5M,” Golar said. The company intends to use a portion of the net proceeds to fund other debt repayments and for other general corporate purposes.