Golar LNG Partners raising cash through share sale

Golar LNG Partners raising cash through share sale
Image courtesy of Golar LNG Partners

Golar LNG Partners, a limited partnership formed by Golar LNG, plans to offer 4,500,000 common units in an underwritten public offering.

The Partnership expects to grant to the underwriter a 30-day option to purchase up to an additional 675,000 common units, according to the partnership’s statement.

The underwriter intends to offer the Partnership’s common units in transactions on the Nasdaq Global Market, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices, the statement reads.

Net proceeds from the offering and the related capital contribution by its general partner will be used to maintain its 2 percent general partner interest for general partnership purposes.


Share this article

Follow LNG World News


<< Feb 2019 >>
28 29 30 31 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 1 2 3


LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >