Höegh LNG - Bond interest rate information
Höegh LNG's senior unsecured callable bonds 2012/2017 were listed on Oslo Børs today. The bond has a coupon of three month NIBOR plus 600 basis points.
Höegh LNG entered at the time of the bond issue into a cross-currency interest rate swap for the bonds, whereby the USD fixed total interest rate for the five year term is 7.33% and the principal swapped amount is USD 130 264 872.
About Höegh LNG
Höegh LNG is a fully integrated floating LNG services company with almost 40 years experience, offering long-term floating production, transportation, regasification and terminal solutions for the liquefied natural gas (LNG) market.
The company operates a fleet of six LNG carriers and two floating storage and regasification units (FSRUs). In addition Höegh LNG has four FSRUs under construction at Hyundai Heavy Industries. The company holds a significant project development portfolio for floating regasification as well as floating LNG production (FLNG).
Höegh LNG is a Bermuda company, which has also established presence in Oslo, Singapore, London and Tampa. In total the Company employs about 80 office staff and about 350 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
Arild Jæger, Investor Relations, Telephone +47 975 57 408