BUZZ-Golar LNG unveils $500 mln convertible bond deal, shares rise

Reuters
06-26
BUZZ-Golar LNG unveils $500 mln convertible bond deal, shares rise

** Shares of Golar LNG GLNG.O up 1.4% to $41.67 post-market as it seeks capital raise

** Liquefied natural gas infrastructure firm announces private offering of $500 mln 5.5-yr convertible bonds

** Certain co insiders have indicated interest to purchase common shares from investors in the offering, and certain entities controlled by co's directors indicated interest to buy bonds in the offering

** Co says plans to use net offering proceeds for general purposes, including for future growth investments including a contemplated fourth FLNG (floating liquefied natural gas) vessel, among other purposes

** It also intends to buy back up to 2.5 mln common shares in connection with the offering

** GLNG has ~$4.4 bln market cap, per LSEG data

** Stock on Weds closed down 1% at $41.09, off ~3% YTD

** All 6 analysts are bullish on GLNG and median PT is $50 - LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10