Höegh LNG – Cancellation of bonds and exercise of call option

Hamilton, Bermuda 3 February 2020 – Höegh LNG Holdings Ltd. (“Höegh LNG”, the “Issuer”) today cancelled the company’s total holding (USD 34,600,000) of the bond Höegh LNG Holdings Ltd. 15/20 FRN USD C with ISIN NO0010739683. The new outstanding amount after the cancellation will be USD 95,400,000. Nordic Trustee AS (the "Bond Trustee") acts as bond trustee for the Bondholders in the above-mentioned bond issue (the "Bond Issue") where Höegh LNG Holdings Ltd. is issuer. All capitalized terms used herein shall have the meaning assigned to them in the bond agreement originally dated 3 June