09:01 AM EST, 11/25/2025 (MT Newswires) -- Golar LNG (GLNG) said Tuesday it has closed and drawn a new $1.2 billion asset-backed debt facility agreement with a consortium of banks including Citibank (C), Goldman Sachs (GS), DNB, ABN AMRO, and Standard Chartered for the refinancing of its floating liquefied natural gas vessel Gimi.

The new $1.2 billion bank facility replaces an existing bank facility with $627 million outstanding as of Q3, the company said.

The new debt facility has a seven-year tenor, a 16-year amortization profile, and will incur interest at SOFR plus 2.50%, the company said.