Höegh LNG: Successful Completion of Tap Issue
Hamilton, Bermuda 7 June 2021 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the “Company”) has successfully completed a NOK 330 million tap issue under the Company’s existing senior unsecured bonds with maturity date 30 January 2025 and ISIN NO0010873755. The tap issue was priced at 97% of par value and the total outstanding amount after the tap issue is NOK 1,300 million. The additional bonds will be issued under a temporary ISIN NO0011021966 until a listing prospectus for the additional bonds has been approved.
DNB Markets acted as Manager in connection with the placement of the tap issue.
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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 “Enabling the transition to Clean Energy”. The company is owned by Larus Holding Limited, a 50/50 joint venture between Leif Höegh & Co. Ltd. and Funds managed by Morgan Stanley Infrastructure Partners, 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 190 office staff and 670 seafarers. Please see: www.hoeghlng.com