Golar LNG Limited has announced its intention to offer $500 million in Convertible Senior Notes due 2030 through a private placement to qualified institutional buyers. The company may also grant initial purchasers a 30-day option to buy an additional $75 million of the Notes. The proceeds are earmarked for repurchasing up to 2.5 million of the company's common shares and supporting general corporate purposes, including potential growth investments and capital expenditures. The Notes, which mature on December 15, 2030, will be senior, unsecured obligations and can be converted into common shares, cash, or a combination of both at the company's discretion.
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