Belgian Zeebrugge LNG terminal operator sees European appetite for gas in $400M bond sale
Fluxys Belgium, the operator of the Zeebrugge LNG import terminal and the Belgian gas transmission network, said it completed transactions for the sale of 350 million euros ($410M) of bonds with an offering that was subscribed twice over in a show of confidence by investors in the European LNG and natural gas industry.
Golar to raise $400M
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.
