Hoegh LNG Holdings has raised NOK 650m ($73m) in a new issue of senior unsecured bonds.
The new notes are scheduled to mature on 30 January 2025 and carry a coupon of three months Nibor plus 600 basis points per year with quarterly interest payments.
Danske Bank, DNB Markets, Nordea, Swedbank and ABN AMRO acted as joint lead managers for the bond issue.
Earlier this week, the Oslo-listed gas carrier owner said it was looking to issue new debt after securing an $80m revolving credit facility backed by common units of New York-listed spin-off Hoegh LNG Partners.
Those funds went toward repurchasing $28.4m of its HLNG02 bonds in a transaction the company said was "significantly oversubscribed". The remainder will be used for general purposes.
Friday, Hoegh LNG Holdings shares slid slightly, 0.31%, to NOK 31.85.
