Golar LNG Partners LP - LNG-MLP

Begriffe und/oder Benutzer


...ist die Tochter von Thread: Golar neue Chancen durch verstärkte Umwandlung von Gas in LNG und wird deshalb -in üblicher MLP-Manier- immer auch ein bisschen ausgenommen;

andererseits derzeit rund 7% p.a. Ausschüttung

Published: 22:28 CET 15-12-2014 /GlobeNewswire /Source: Golar LNG / : GOL /ISIN: BMG9456A1009

Sale of Golar Eskimo to Golar LNG Partners L.P.

Golar LNG Limited (the "Company") announced today that it has entered into an agreement to sell its ownership interests in the companies that will own and operate the floating storage and regasification unit ("FSRU") Golar Eskimo ("Eskimo") to Golar LNG Partners L.P. ("Golar Partners") for a price of USD 390 million. The transaction is subject to the satisfaction of certain closing conditions which is expected to be finalized in January 2015.

The Partnership will finance the purchase price with cash on hand, the proceeds of a $220.0 million loan from the Company and the assumption of outstanding bank debt in respect of the Golar Eskimo on the closing date of the acquisition (which is be approximately $162.8 million). The loan is for a term of 2 years with a rate of interest of LIBOR plus a blended margin of 2.84%.

Part of the agreement with Golar Partners is for the Company to retain the right to use the FSRU and to charter the vessel to a third party starting in January 2015 and ending in June 2015. Any hire received during this period will belong to the Company. In return for this, the Company will pay Golar Partners $22 million to be paid in equal monthly instalments starting in January 2015.

This transaction is the sixth dropdown of assets to Golar Partners since its IPO in April 2011.
Golar LNG Partners declare quarterly cash distribution
Golar LNG Partners said that its board of directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2014 of $0.5625 per unit.

This represents an increase of $0.015 per unit, or approximately 2.7%, from the third quarter 2014 distribution.

This cash distribution will be paid on February 13, 2015 to all unitholders of record as of the close of business on February 5, 2015.
Golar LNG Partners Unit Purchase Program
Published: 18:18 CEST 04-08-2015 /GlobeNewswire /Source: Golar LNG / : GOL /ISIN: BMG9456A1009

Golar LNG Limited ("Golar" or the "Company") today announced that it has approved a unit purchase program under which the Company may purchase up to $25 million worth of Golar LNG Partners L.P. outstanding units over the next 12 months. The authorization is effective immediately. Given Golar LNG Partners' current yield of approximately 11%, the Company views this purchase program as an attractive investment opportunity.

The Company intends to purchase units from time to time for cash in open market transactions or in privately-negotiated transactions in accordance with applicable federal securities laws. The timing and the amount of any purchases will be determined by the Company's management based on its evaluation of market conditions, capital allocation alternatives, and other factors. The unit purchase program does not require the Company to acquire any specific number of units and may be modified, suspended, extended or terminated by the Company at any time without prior notice. Golar will execute purchases only during periods where the executive team and the Board of Directors are not aware of material inside information that would likely affect a seller's decision to sell.

Golar LNG Limited
Hamilton, Bermuda
4 August, 2015

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