By Angela McDaniels
Tacoma, Wash., May 28 – Höegh LNG Holdings Ltd. issued $130 million of senior bonds in the Nordic bond market, according to a company news release.
The maturity date is expected to be June 5, 2020.
The bond issue will be swapped from a floating rate to a fixed rate.
Danske Bank Markets, DNB Markets, Nordea Markets, Pareto Securities and Swedbank Norway were the joint lead managers.
The company said the issue was oversubscribed.
Proceeds will be used for general corporate purposes.
Höegh LNG is a Norwegian owner and operator of floating liquefied natural gas import terminals. The holding company is based in Hamilton, Bermuda.
| Issuer: | Höegh LNG Holdings Ltd.
|
| Issue: | Senior bonds
|
| Amount: | $130 million
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| Maturity: | June 5, 2020
|
| Lead managers: | Danske Bank Markets, DNB Markets, Nordea Markets, Pareto Securities, Swedbank Norway
|
| Announcement date: | May 28
|
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