Hamilton, Bermuda, March 28, 2014 (GLOBE NEWSWIRE) -- Golar LNG Limited ("Golar") announced today that it has completed its sale of the company that owns and operates the FSRU Golar Igloo to Golar LNG Partners L.P. ("the Partnership") for a price of approximately $310.0 million.
As consideration, the Partnership will assume $161.3 million of outstanding debt obligations in respect of the Golar Igloo and pay Golar the balance of $148.7 million in cash using the proceeds of its recent public equity offering, which closed on December 5, 2013.
March 28, 2014
Golar Management Limited - + 44 207 063 7900
Source:Golar LNG Limited