2013-01-30 22:11:37 -
Golar LNG Partners LP ("Golar Partners" or the "Partnership")
announced today that it plans to offer 3,900,000 common units representing
limited partner interests in a public offering. In addition, Golar LNG Limited
("Golar LNG") has agreed to purchase directly from Golar Partners in a private
placement, $12.4 million of common units, such private placement to close
concurrently with the public offering of common units. The Partnership intends
to use the net proceeds from the public offering, the concurrent private
placement and the general partner's contribution to maintain its 2% general
interest to fund part of the purchase price in connection with its
previously announced acquisition of the liquefied natural gas ("LNG") carrier,
the Golar Maria (the "Acquisition").
If the Acquisition does not close, Golar Partners will use the net proceeds from
the public offering, the concurrent private placement and the general partner's
contribution for general partnership purposes.
Golar Partners operates a fleet of LNG carriers and floating storage
regasification units, or FSRUs, on long-term contracts and part of its strategy
is to expand its operations in the LNG carrier and FSRU sectors, with a focus on
long-term contracted assets.
Morgan Stanley and Citigroup are acting as the underwriters in connection with
the offering of common units.
When available, copies of the prospectus supplement and accompanying base
prospectus related to this 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
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 will be
offered and sold pursuant to an effective registration statement on Form F-3
previously filed with the 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.
January 30, 2013
Investor relations enquiries:
Golar Management Limited
Graham Robjohns - + 44 207 824 5530/+ 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