Golar LNG Prices $500 Million Senior Notes Offering
Golar LNG has priced a private offering of unsecured senior notes worth $500 million, set to mature in December 2031. The notes carry an annual interest rate of 7.5% and will be issued at 99% of face value, generating approximately $495 million in gross proceeds before fees or expenses. This financing move is expected to provide Golar LNG with additional liquidity as it continues operations within the liquefied natural gas sector. The high interest rate reflects current market conditions for long-term debt and may signal investor confidence despite economic uncertainties.
Tickers: $GLNG