Höegh LNG: Approval of prospectus and listing of bonds
Hamilton, Bermuda, 24 November 2020 - Reference is made to the announcement made on 5 October 2020 by Höegh LNG Holdings Ltd. ("Höegh LNG") concerning a NOK 320 million tap issue of additional bonds (the "Additional Bonds") made under the Company’s existing senior unsecured bonds with maturity date 30 January 2025 and ISIN NO0010873755 (the "Bonds"). The Additional Bonds were issued under a temporary ISIN NO0010895089 (the "Temporary ISIN") and will be merged into the Bonds' original ISIN NO0010873755 (the "Original ISIN").
The Financial Supervisory Authority of Norway has approved a prospectus dated 24 November 2020 (the "Prospectus") covering the listing of the Additional Bonds on Oslo Børs. The admission to listing of the Additional Bonds will occur once the Additional Bonds have been transferred from the Temporary ISIN to the Original ISIN, which is expected to take place on or about 25 November 2020. The Additional Bonds will be listed under the Bonds' existing ticker code "HLNG04".
The Prospectus and a summary of the Prospectus can each be obtained electronically on https://www.hoeghlng.com/investors/financial-information/ or by contacting Höegh LNG.
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Contacts:
Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Håvard Furu, Chief Financial Officer, Telephone +47 991 23 443
Knut Johan Arnholdt, VP IR and Strategy, Telephone +47 922 59 131
About Höegh LNG:
Höegh LNG 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. Its strategy is to develop the business through an extended service offering, with large-scale FSRUs as the main product, and focus on establishing long-term contracts with attractive risk-adjusted returns involving credible counterparts. The company is publicly listed on the Oslo stock exchange under the ticker HLNG, and owns approximately 46% of Höegh LNG Partners LP (NYSE:HMLP). Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, China, Indonesia, Lithuania, Egypt, Colombia and the Philippines. The group employs approximately 175 office staff and 600 seafarers.