Höegh LNG - Contemplating issuing unsecured bonds

Hamilton, Bermuda 19 January 2017 - Höegh LNG Holdings Ltd. is contemplating the issuance of senior unsecured bonds in the Norwegian bond market with maturity in February 2022.

The net proceeds from the contemplated bond issue shall be used for the part refinancing of the bond issue with ticker HLNG01 (ISIN:NO001066095.4) and general corporate purposes.

Danske Bank Markets, DNB Markets and Nordea are engaged as joint lead managers for the bond issue.

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About Höegh LNG:

Höegh LNG provides floating energy solutions and operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG`s vision is to be the industry leader of floating LNG solutions and the strategy is to continue to focus its growth plans in the FSRU market, with the objective of securing long-term contracts with strong counterparties at attractive returns. Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, China, Lithuania, Egypt, Colombia and Turkey. The company employs approximately 110 office staff and 500 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Höegh LNG via GlobeNewswire
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