Höegh LNG: Successful placement of new senior unsecured bonds

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Hamilton, Bermuda 17 January 2019 - Höegh LNG Holdings Ltd. ("Höegh LNG") has successfully completed a new senior unsecured bond issue of NOK 650 million with maturity date 30 January 2025. The bond carries a coupon of 3 months NIBOR + 600 bps p.a. with quarterly interest payments. In connection with the placement of the new bond issue, Höegh LNG has repurchased USD 28.4 million of the HLNG02 bonds (ISIN: NO0010739683). The transaction was significantly oversubscribed.

Danske Bank, DNB Markets, Nordea, Swedbank and ABN AMRO acted as Joint Lead Managers for the bond issue.

An application will be made for the bonds to be listed on Oslo Stock Exchange.

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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 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 Turkey. The group employs approximately 155 office staff and 545 seafarers.