Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Golar LNG Partners Announces Closing of Equity Offering and Private Placement to Golar LNG Limited


Print article Print article
Copyright © Thomson Reuters 2013. All rights reserved.
2013-02-05 17:52:22 -

Golar  LNG Partners LP  (NASDAQ: GMLP) (the  "Partnership") announced today that
its  previously announced public offering of 3,900,000 common units representing
limited  partner  interests  (the  "Offering")  has  closed.   Golar GP LLC, the
Partnership's  general partner,  contributed approximately  $2.6 million  to the
Partnership  to maintain its 2.0% general  partner interest in the Partnership.
The  Partnership also announced today that it  has closed a private placement of
416,947 common units to Golar LNG Limited ("Golar LNG") at a price of $29.74 per
common unit, the same price paid by the underwriters in the Offering.

The  Partnership  expects  to  use  the  net  proceeds  from 
the Offering, the concurrent private placement and the general partner's contribution to maintain its 2% general partner interest to fund the cash portion of the purchase price for the previously announced acquisition of the LNG carrier, the Golar Maria (the "Golar Maria Acquisition") from Golar LNG, as well as for general partnership purposes.  If the Golar Maria Acquisition does not close, the Partnership will use such net proceeds for general partnership purposes. Morgan Stanley and Citigroup acted as the underwriters in connection with the Offering. Copies of the prospectus supplement and accompanying base prospectus related to the Offering may be obtained from the offices of: Morgan Stanley Citigroup Attn: Prospectus Department c/o Broadridge Financial Solutions 180 Varick Street, 2nd Floor 1155 Long Island Avenue New York, NY 10014  Edgewood, NY 11717 Email: prospectus@morganstanley.com Email: BATProspectusdept@citi.com Telephone: 866-718-1649 Telephone: 800-831-9146 This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The common units were offered and sold in the Offering pursuant to an effective registration statement on Form F-3 previously filed with the United States Securities and Exchange Commission (the "SEC"). This offering may be made only by means of a prospectus supplement and accompanying base prospectus, which will be filed with the SEC. FORWARD LOOKING STATEMENTS The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements, which include the Partnership's expectation regarding the closing of the Golar Maria Acquisition, involve risks and uncertainties that could cause the outcome to be materially different. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially include the factors listed from time to time in the reports and other documents the Partnership files with the SEC. Hamilton, Bermuda February 5, 2013 Investor relations enquiries: Golar Management Limited Graham Robjohns: + 44 207 063 7900 Stuart Buchanan: + 44 207 063 7900 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Golar LNG Partners L.P. via Thomson Reuters ONE [HUG#1675710]


Press Information:




Contact Person:


Disclaimer: © 2014 Thomson Reuters. The press releases or report contained herein is protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Thomson Reuters's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com