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5 December 2022
Golar LNG Restricted (“Golar“) broadcasts a proposal to buy-back elements of its USD 300,000,000 senior unsecured bonds maturing 20 October 2025 (with ISIN NO 0011123432) for money (the “Purchase-Again Provide“).
DNB Markets (the “Supervisor“) is performing as supervisor of the Purchase-Again Provide. The Purchase-Again Provide shall be performed as a “Reverse Dutch Public sale”, the place bondholders can provide bonds, at desired volumes and costs, to Golar, by way of the Supervisor. Golar reserves the correct to simply accept any quantity as much as an accepted worth, or to reject all acquired presents.
All bondholders, topic to authorized constraints (if any) are hereby invited to offer presents on the market of all or a portion of their bonds by way of submission of the hooked up bondholders provide type (the “Bondholders Provide Kind“). The ultimate date for submission is 16:00 CET, 9 December 2022. On or previous to 09:00 CET on 12 December 2022, Golar will resolve upon the best buy-back worth (the “Purchase-Again Worth“) acceptable and consequently the overall quantity of bonds to be repurchased, if any.
All bondholders with presents equaling the Purchase-Again Worth or decrease will obtain the Purchase-Again Worth (plus accrued curiosity) on allotted quantities as much as the quantities provided inside the accepted most worth. Golar might in its sole discretion scale back the variety of Bonds to be acquired on a professional rata foundation for Bonds provided on the Purchase-Again Worth. Money settlement is about to fifteen December 2022.
Within the hooked up Bondholder’s Provide Kind additional particulars and restrictions associated to the provide is said. Every bondholder should by itself take into account whether it is lined by any restrictions that hinders it from collaborating within the provide.
All submissions of Bondholders Provide Kind should be despatched by e-mail to DNB Markets no later than 16:00 CET, 9 December 2022. Contact particulars:
DNB Markets Credit score Gross sales by tel: +47 24 16 90 30; or
DNB Markets, Bond Syndicate by e-mail: bond.syndicate@dnb.no
Golar might, in its sole discretion, waive, lengthen, terminate or withdraw the scale of the purchase‑again at any time. Any potential adjustments to this provide shall be introduced on www.stamdata.com.
Please see Bondholders Provide Kind hooked up.
Enquiries:
Golar Administration Restricted: + 44 207 063 7900
Karl Fredrik Staubo – CEO
Eduardo Maranhão – CFO
Stuart Buchanan – Head of Investor Relations
Essential info:
The discharge just isn’t for publication or distribution, in entire or partially immediately or not directly, in or into Australia, Canada or Japan (together with its territories and possessions) or in some other jurisdiction the place such publication or distribution is illegal.
This launch is an announcement issued pursuant to authorized info obligations and is topic of the disclosure necessities pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1 and part 5-12 of the Norwegian Securities Buying and selling Act, and was ready by Stuart Buchanan, Head of Investor Relations at Golar LNG Restricted, tel. +44 20 7063 7900. It’s issued for info functions solely, and doesn’t represent or type a part of any provide or solicitation to buy or subscribe for securities, in america or in some other jurisdiction.
FORWARD LOOKING STATEMENTS
This press launch comprises forward-looking statements (as outlined in Part 21E of the Securities Trade Act of 1934, as amended) which displays administration’s present expectations, estimates and projections about its operations. All statements, apart from statements of historic information, that handle actions and occasions that may, ought to, may or might happen sooner or later are forward-looking statements. Phrases equivalent to “might,” “may,” “ought to,” “would,” “anticipate,” “plan,” “anticipate,” “intend,” “forecast,” “consider,” “estimate,” “predict,” “suggest,” “potential,” “proceed,” or the detrimental of those phrases and comparable expressions are supposed to establish such forward-looking statements.
These statements will not be ensures of future efficiency and are topic to sure dangers, uncertainties and different elements, a few of that are past our management and are tough to foretell. Due to this fact, precise outcomes and outcomes might differ materially from what’s expressed or forecasted in such forward-looking statements. You shouldn’t place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. Golar LNG Restricted undertakes no obligation to replace publicly any forward-looking statements whether or not on account of new info, future occasions or in any other case, except required by relevant regulation.
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