Höegh LNG - Contemplating issuing unsecured bonds
Höegh LNG Holdings Ltd. is contemplating issuing senior unsecured bonds denominated in USD in the Nordic bond market with maturity in June 2020.
The net proceeds from the contemplated bond issue are intended for general corporate purposes.
Danske Bank Markets, DNB Markets, Nordea Markets, Pareto Securities and Swedbank Norway are engaged as joint lead managers for the contemplated bond issue.
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). The Company has developed low-cost solutions for floating liquefaction terminals (FLNG) and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is to be the leading provider of floating LNG solutions and the strategy is to continue to focus its growth plans on the FSRU and the FLNG market, with the objective of securing long-term contracts with strong counterparts at attractive returns. Höegh LNG is a Bermuda based company with established presence in Oslo, Singapore, London, Miami, Jakarta and Klaipeda. The company employs approximately 95 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
Birgitte Hjertum, VP Strategy and Investor Relations, Telephone +47 975 57 432
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