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.
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