Golar LNG authorizes bond repurchase program

Golar LNG authorizes bond repurchase program

Golar LNG Limited said that its Board of Directors has authorized a convertible bond repurchase program. 

Under the program, the company may repurchase up to $50 million of Golar’s outstanding convertible bonds, Golar LNG Limited said in a statement.

The authorization is effective immediately and remains valid until 31 December 2015.

The company intends to repurchase convertible bonds for cash in the open market transactions or in privately-negotiated transactions, and timing of the purchases will be based on the company’s evaluation of market conditions.

Image: Golar LNG

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >