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Golar Closes $575 Million Convertible Notes Offering, Repurchases Common Shares
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Golar Closes $575 Million Convertible Notes Offering, Repurchases Common Shares
Jul 1, 2025 4:11 AM

06:52 AM EDT, 07/01/2025 (MT Newswires) -- Golar LNG (GLNG) said Tuesday it closed its previously announced offering of $575 million of 2.75% Convertible Senior Notes due 2030, in a private placement to qualified institutional buyers.

The offering included $75 million in additional notes sold under a 30-day option period.

In connection with the offering, the company said a portion of the proceeds was used to repurchase 2.5 million common shares, with the remainder to be used for general corporate purposes.

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