Golar LNG Partners nets $250 million through bond sales

Golar LNG Partners nets $250 million through bond sales
Image courtesy of Golar LNG

Golar LNG Partners on Wednesday said it had completed the issuance of a US$250 million senior unsecured bond in the Nordic bond market. 

The bond issue was significantly oversubscribed, the Partnership said in its statement, adding that the settlement is expected to be February 15, with final maturity date expected May 15, 2021.

The net proceeds from the bond issue will be used for part refinancing of existing bonds and for general corporate purposes.

Danske Bank Markets, DNB Markets, Nordea, SEB and Pareto Securities acted as Joint Lead Managers for the bond issuance.