By Susanna Moon
Chicago, Jan. 19 – Hoegh LNG Holdings Ltd. issued NOK 1.5 billion of senior bonds due Feb. 1, 2022 in the Nordic bond market.
Danske Bank Markets, DNB Markets and Nordea are the joint lead managers.
Proceeds from the issue will be used to help refinance the bond issue with ticker HLNG01 (ISIN: NO001066095.4) and for general corporate purposes.
“The bond issue was substantially oversubscribed and will be swapped from floating three-month Nibor to fixed dollar interest rate,” according to an announcement by Hoegh Lng As.
Hoegh LNG is a Norwegian owner and operator of floating liquefied natural gas import terminals. The holding company is based in Hamilton, Bermuda.
Issuer: | Hoegh LNG Holdings Ltd.
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Issue: | Senior bonds
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Amount: | NOK 1.5 billion
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Maturity: | Feb. 1, 2022
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Lead managers: | Danske Bank Markets, DNB Markets and Nordea
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Announcement date: | Jan. 19
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