Golar LNG announces successful completion of $1.2BN FLNG Gimi bank facility
Norway, Nov. 25 -- Golar LNG Limited ("Golar") is pleased to announce that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi. The new $1.2bn bank facility replaces an existing bank facility with an outstanding amount of $627 million as at Q3 2025.The new debt facility has a 7-year tenor, 16-year amortization profile and will incur interest at SOFR plus a margin of 2.50% p.a. Golar's 70% share of the net liquidity released from the bank refinancing amounts to approximately $400 million after repayment of the existing Gimi debt facility and unwinding of the existing...
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