Golar LNG plans to offer $500 million in Convertible Senior Notes due 2030
From Nasdaq: 2025-06-25 23:16:00
Golar LNG Limited plans to offer $500 million in Convertible Senior Notes due 2030 in a private placement, with an option for additional $75 million. The Notes will be senior, unsecured obligations, pay interest semiannually, and mature on December 15, 2030, convertible into common shares, cash, or a combination. Proceeds will be used for share repurchase, general corporate purposes, growth investments like a new FLNG unit, conversion costs, redeployment, debt repayment, and capital expenditures. This move aims to support future growth and strategic initiatives for the company.
Read more at Nasdaq: Golar LNG To Offer $500 Mln Of Convertible Senior Notes Due 2030