Höegh LNG: Successfully completes tap issue and announces fixed income investor call
Hamilton, Bermuda 5 October 2020 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the “Company”) has successfully completed a tap issue of NOK 160.5 million under its existing senior unsecured bonds with maturity date 30 January 2025 and ISIN NO0010873755 (“HLNG04”). The tap issue was exercised on a reversed inquiry basis as a switch from NOK 150m in the Company’s senior unsecured bonds with maturity date 1 February 2022 and ISIN NO0010782949 (“HLNG03”). The tap issue of HLNG04 was priced at 93.61% of par value, and the bonds in HLNG03 were repurchased at 100% of par. Following the transaction,