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, 2025, subject to customary closing conditions.
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 offer, solicitation or sale of
the Notes in any jurisdiction in which, or to any person to whom, such an offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such jurisdiction. Any offer of
the Notes will be made only by means of a private offering memorandum.
The Notes are being offered in the United States only to persons reasonably
believed to be qualified institutional buyers pursuant to Rule 144A under the
Securities Act of 1933, as amended (the "Securities Act"), and to persons
outside the United States only in compliance with Regulation S under the
Securities Act. 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 in the United States absent registration or an applicable
exemption from registration requirements under the Securities Act and applicable
state securities laws.
This press release does not constitute a notice of redemption for the 2025
Unsecured Bonds.
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. 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 offering of the Notes, the 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 risks relating to the closing of
the Offering and 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
September 25, 2025
Investor Questions: +44 207 063 7900
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.