Oct 2024
Conyers advised Golar LNG in connection with the issuance of its US$300 million unsecured bonds in the Nordic bond market. The bonds will mature in September 2029 with interest at 7.75% per annum. The net proceeds from the issuance will be used to fund capital expenditures, refinance debt, and for general corporate purposes. An application has been made for the bonds to be listed on the Oslo Stock Exchange.
Golar LNG is a leading NASDAQ-listed maritime LNG infrastructure company and has been at the forefront of pioneering maritime LNG projects, including the world’s first Floating LNG Liquefaction Terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects.
Director Marcello Ausenda and Senior Associate Alexis Haynes of Conyers’ Bermuda office advised on this matter working alongside Golar LNG’s Norwegian counsel Ro Sommernes.