Press release
Golar LNG Limited Successfully Closes Public Follow-On Offering of Common Shares
Hamilton, Bermuda – December 7, 2020 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announced today that it has closed its registered offering (the
About this update from Golar Lng Limited
[{"type":"text","content":"Hamilton, Bermuda – December 7, 2020 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announced today that it has closed its registered offering (the “Offering”) of 11,000,000 shares of its common stock. In addition, the underwriters have partially exercised their 30 day option to purchase an additional 1,067,789 common shares, which is expected to close on December 8, 2020. The Company intends to use the net proceeds from the Offering to partially repay the Term Loan facility, to repay the Margin Loan Facility in full and to use any remaining funds for general corporate purposes, which may include, among other things, capital expenditures, repaying other indebtedness, funding working capital or investments. Citigroup, Clarksons Platou Securities, DNB Markets and Arctic Securities acted as joint lead managers and bookrunners in the Offering. The Company has filed an effective shelf registration statement (including a base prospectus) with the Securities and Exchange Commission (the “SEC”) related to the Offering. Before you invest, you should read the base prospectus in that registration statement, the prospectus supplement related to the Offering and the other documents incorporated by reference therein, which the Company has filed with the SEC, for more complete information about the Company and the Offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146). This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. This Offering may only be made by means of a prospectus supplement and related base prospectus. Forward-Looking Statements This press release contains certain forward-looking statements. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. These statements involve...