Höegh LNG Holdings Ltd. initiates buyout offer for Höegh LNG Partners LP
HAMILTON, Bermuda, 6 December, 2021 – Höegh LNG Holdings Ltd. (“Höegh LNG”) announced today that it has submitted a non-binding proposal to the Board of Directors of Höegh LNG Partners LP (“HMLP” or the “Partnership”) pursuant to which Höegh LNG would acquire through a wholly owned subsidiary all publicly held common units of the Partnership in exchange for USD 4.25 in cash per common unit. If approved, the transaction would be effected through a merger of the Partnership with a wholly owned subsidiary of Höegh LNG. The proposed transaction is subject to the negotiation and approval of