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Completion of Sale of Golar Igloo
Hamilton, Bermuda - March 28, 2014
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.
FSRU Golar Igloo
Golar LNG Limited press release
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