LNG

Oct 31 (LNGJ) - Chart Industries, one of the leading makers of LNG equipment, said it intended to offer $225 million of Convertible Senior Subordinated Notes due in 2024 in a private placement to institutional investors. Chart also intends to grant to the initial purchasers a 13-day option to purchase up to an additional $33.75M of the notes. Chart intends to use a portion of the net proceeds of the offering to pay the cost of hedge transactions and may repurchase other outstanding debts.