Höegh LNG : Secures debt financing for FSRU delivery #9
Hamilton, Bermuda, 3 August 2018 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the "company") has received commitment letters for a USD 177 million debt financing for FSRU #9 (the “facility”), which is scheduled to be delivered in the fourth quarter of 2018. The facility comprises a 12-year tranche of USD 132 million guaranteed by K-SURE (South Korean export credit agency) and a five-year non-amortising commercial bank tranche of USD 45 million. A combination of existing and new lenders are participating in the facility. The facility is available to fund 65% of the delivered cost of the