Completion Of Sale Of Golar Grand
HAMILTON, BERMUDA -- (Marketwire) -- 11/08/12 --
Golar LNG Limited ("Golar" or the "Company") announced
today that it has completed its sale of interests in the companies
that own and operate the LNG carrier Golar Grand to Golar LNG
Partners L.P. ("Golar LNG Partners" or "the Partnership") for a
price of $265 million.
As consideration, the Partnership will assume a $90 million
finance lease liability (net of restricted cash) in respect of the
Golar Grand and pay Golar the balance of $175 million in cash.
November 8, 2012
This information is subject of the disclosure
requirements acc. to Section 5- 12 vphl (Norwegian Securities Trading
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 via Thomson Reuters ONE [HUG#1656447]
Golar Management Limited
+ 44 207 063 7900
Press spacebar to pause and continue. Press esc to stop.