Golar LNG Limited ("Golar" or the "Company") announced today that it has completed its sale of interests in the company that owns and operates the LNG carrier Golar Maria to Golar LNG Partners L.P. ("Golar LNG Partners" or "the Partnership") for a price of $215 million.
As consideration, the Partnership will assume $89.5 million of bank debt in respect of the Golar Maria and pay Golar the balance of $125.5 million in cash using the proceeds of its recent equity offerings, which closed on February 5, 2013.
Hamilton, Bermuda
February 7, 2013
Enquiries:
Golar Management Limited - + 44 207 063 7900
Brian Tienzo
Stuart Buchanan
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Golar LNG via Thomson Reuters ONE
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
