G2O Golar LNG Limited

Golar LNG Limited Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2030

Golar LNG Limited Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2030

Hamilton, Bermuda, June 25, 2025 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announces today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2030 (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the Notes a 30-day option to purchase up to an additional $75 million aggregate principal amount of the Notes in connection with the offering.



In connection with the offering of the Notes, certain of the Company’s directors and officers have provided an indication of interest to purchase the Company’s common shares from investors in the offering of the Notes, and certain entities controlled by or affiliated with the Company’s directors have provided an indication of interest to purchase Notes at the initial offering price.



The Notes will be senior, unsecured obligations of the Company, pay interest semiannually in arrears on June 15 and December 15, mature on December 15, 2030, and be convertible into the Company’s common shares, cash, or a combination of shares and cash, at the Company’s election.



The Company intends to use the net proceeds from the sale of the Notes (including any Notes sold pursuant to the initial purchasers’ option to purchase additional Notes, if exercised) to repurchase up to 2.5 million of the Company’s common shares in connection with the offering of the Notes and for general corporate purposes, which may include, among other things, future growth investments including a contemplated fourth FLNG unit, MKII FLNG conversion costs, FLNG Hilli redeployment costs, repaying indebtedness, and funding working capital and capital expenditures. 



IMPORTANT INFORMATION

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale would be unlawful. Any offer of the Notes will be made only by means of a private offering memorandum.



The Notes and the shares of common stock issuable upon conversion of the Notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold absent registration or an applicable exemption from registration requirements under the Securities Act and applicable state securities laws.

This announcement contains information about a pending transaction and there can be no assurance that this transaction will be completed.



FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “will,” “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “subject to” or the negative of these terms and similar expressions are intended to identify such forward-looking statements and include statements related to the proposed offering of the Notes, the expected terms and conditions, the intended use of proceeds and other non-historical matters.



These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict and which could cause actual outcomes and results to differ materially from what is expressed or forecasted in such forward-looking statements. Such risks include the risk that the offering of the Notes does not proceed on the terms described herein or at all and risks relating to the actual use of proceeds and other risks described in our most recent annual report on Form 20-F filed with the SEC.  You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.



Hamilton, Bermuda

June 25, 2025Investor Questions: 0

Karl Fredrik Staubo – CEO

Eduardo Maranhão – CFO

Stuart Buchanan - Head of Investor Relations



This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.



This announcement is not being made in and copies of it may not be distributed or sent into any jurisdiction in which the publication, distribution or release would be unlawful.



EN
25/06/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Golar LNG Limited

 PRESS RELEASE

Golar LNG Announces Pricing of $500 Million Offering of Senior Notes d...

Golar LNG Announces Pricing of $500 Million Offering of Senior Notes due 2030 Hamilton, Bermuda, September 25, 2025 — Golar LNG Limited (the “Company”) (Nasdaq: GLNG) today announced the pricing of a private offering (the “Offering”) of $500 million in aggregate principal amount of unsecured senior notes due 2030 (the “Notes”). The Notes will bear interest at a rate of 7.500% per year and will mature on October 2, 2030. The Notes will be issued at par and will be senior unsecured obligations of the Company. The sale of the Notes to the initial purchasers is expected to settle on October 2,...

 PRESS RELEASE

Golar LNG Limited Announces Fixed Income Investor Meetings

Golar LNG Limited Announces Fixed Income Investor Meetings Hamilton, Bermuda, September 22, 2025 — Golar LNG Limited (the “Company”) (Nasdaq: GLNG), has mandated a syndicate of banks to arrange a series of fixed income investor meetings commencing Monday, September 22. An offering of USD 144A/Reg S denominated benchmark 5NC2 senior unsecured notes (the “Notes”) may follow, subject to market conditions. Important Information This communication is intended for the sole use of the person to whom it is provided by the sender. This announcement and the offer or sale of the Notes may be restric...

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Martin Mauseth
  • Petter Haugen
ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Martin Mauseth
  • Petter Haugen
 PRESS RELEASE

Key information relating to the cash dividend to be paid by Golar LNG ...

Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG) Reference is made to the second quarter 2025 report released on August 14, 2025. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 2, 2025.  The record date will be August 26, 2025. Due to the implementation of the Central Securities Depository Regulation (“CSDR”), please note the information below on the payment date for the small number of Golar shares registered in Norway’s central securities depository (“VPS”): D...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch