Golar LNG bonds
Oct 7 (LNGJ) - Golar LNG Limited, the carrier fleet owner and project developer, has successfully placed US$300 million in senior unsecured bonds in the Nordic bond market. “The bonds will mature in October 2025 and bear interest of 7.00 percent per annum,” said Golar.
“Net proceeds from the bond issue will be applied towards the refinancing of the company’s outstanding convertible bonds maturing in February 2022 and general corporate purposes,” it added. An application will be made for the bonds to be listed on the Oslo Stock Exchange. The Nordic banks, DNB Markets and Pareto Securities AS, acted as global coordinators and Danske Bank and Nordea Bank as joint lead managers of the placement.
Finnish firm Gasum prepares unbundling of Gasgrid Finland amid LNG and biogas expansion
Gasum, the natural gas network company in Finland and a leading Nordic liquefied natural gas supplier, reported nine-month earnings down by 7.2 percent as its clean energy policies proved to be slow in growing profits as it also prepared for the opening up of the market with the spinning off of a new company called Gasgrid Finland.
Stolt-Nielsen-led Avenir LNG involving Golar and Hoegh completes Oslo share placement
Avenir LNG, a small-scale niche market joint venture involving Stolt-Nielsen Ltd, the shipping and storage group and its Norwegian peers, Hoegh LNG and Golar LNG, is now registered on the Oslo over-the-counter market after holding a private share placement.
