Höegh LNG: Amendment and restatement of the FSRU Independence debt facility and a new interim LNGC timecharter
Hamilton, Bermuda, 26 March 2020 - Höegh LNG Holdings Ltd. (“Höegh LNG” or the “company”) has received a commitment letter from five of the company’s relationship banks for an amendment and extension and USD 45 million upsizing of the debt facility for the FSRU Independence. The amendment and extension covers the Independence debt facility’s commercial tranche of USD 61 million maturing in May 2020. In the amendment and extension facility, the commercial tranche will be upsized by USD 45 million to USD 106 million with maturity in December 2024. The Independence debt facility also