Golar LNG Prices $300M Bond, Targets Expansion
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Golar LNG Prices $300M Bond, Targets Expansion

Golar LNG (GLNG) has released an update.

Golar LNG Limited has announced the successful pricing of a USD 300 million bond issue, which will mature in September 2029 with a 7.75% annual interest rate. The proceeds are intended for capital expenses, debt refinancing, and other corporate needs, with plans to list the bonds on the Oslo Stock Exchange. Golar, a NASDAQ-listed company, is renowned for pioneering maritime LNG infrastructure and is currently a leader in the Floating LNG market.

For further insights into GLNG stock, check out TipRanks’ Stock Analysis page.

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