Golar LNG Issues Corporate Bond with 7.50% Coupon Rate
Golar LNG Ltd. has issued a corporate bond, identified as USG4023LAE1, with a maturity date set for December 15, 2031. The bond has a face value of $1,000 and a minimum denomination of $200,000, highlighting its target audience of institutional investors. The issuer, Golar LNG, specializes in liquefied natural gas (LNG) carriers and floating storage and regasification units, with operations spanning both FLNG and corporate segments.
The bond offers a semi-annual coupon payment at a rate of 7.50%, with the next coupon date scheduled for June 16, 2031. Each coupon payment amounts to $37.50, reflecting the bond's fixed interest structure. The bond's redemption details are not specified, leaving investors to monitor for any potential call dates or redemption schedules.
Golar LNG Ltd., founded in 2001 and headquartered in Hamilton, Bermuda, operates globally, with the bond's country of risk listed as Cameroon. The bond's seniority rank and other credit risk assessments are available upon further inquiry, providing additional context for potential investors evaluating the bond's risk profile.