** 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))
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