Golar LNG holds reverse Dutch auction for senior bonds due 2025

Chicago, Dec. 5 – Bermuda-based Golar LNG Ltd. is offering to buy back parts of its $300 million senior bonds maturing Oct. 20, 2025 (ISIN: NO0011123432), according to a press release.

The offer is being conducted as a reverse Dutch auction.

All bondholders with offers equaling the buyback price or lower will receive the buyback price (plus accrued interest) on allocated amounts up to the amounts offered within the accepted maximum price.

Golar reserves the right to accept any volume up to an accepted price, or to reject all received offers.

Tenders are due by 10 a.m. ET on Dec. 9.

Results will be announced at 3 a.m. ET on Dec. 12.

Settlement is planned for Dec. 15.

Tenders may be prorated.

DNB Markets is managing the offer (+47 24 16 90 30, bond.syndicate@dnb.no).

Golar LNG owns and operates LNG infrastructure.

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