Höegh LNG - Buyback of outstanding bonds in connection with the placement of new unsecured bond issue

Hamilton, Bermuda, 23 January 2017 - Reference is made to the stock exchange notice dated 19 January 2017 regarding the issue by Höegh LNG Holdings Ltd. ("Höegh LNG") of a new 5 year unsecured bond with a coupon of NIBOR+500 bps (HLNG03).

In connection with the bond issue, Höegh LNG has re-purchased a nominal amount of NOK 99 million of HLNG01 (ISIN: NO001066095.4) at a price of 103.00% with settlement 1 February 2017.

After the re-purchase, Höegh LNG will own a nominal amount of NOK 153 million of HLNG01.

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About Höegh LNG:

Höegh LNG provides floating energy solutions and operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is to be the industry leader of floating LNG solutions and the strategy is to continue to focus its growth plans in the FSRU market, with the objective of securing long-term contracts with strong counterparties at attractive returns. Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, China, Lithuania, Egypt, Colombia and Turkey. The company employs approximately 110 office staff and 500 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs