Höegh LNG Holdings said that Höegh LNG Partners (MLP) has made a confidential submission to the United States Securities and Exchange Commission (SEC) of an initial draft registration statement for an initial public offering (IPO) of common units of the MLP.
The IPO of the common units is expected to commence after the SEC completes its review process.
Upon completion of the IPO, the MLP is expected to own Höegh LNG’s interests in three floating storage and regasification units.
[mappress] Press Release, April 2, 2014; Image: Höegh LNG