Loan & DebtAug 3, 2026, 09:27 AM
Golar LNG Secures New $600M Revolving Credit Facility
AI Summary
Golar LNG Limited has successfully closed a new $600 million senior secured Revolving Credit Facility (RCF). This facility is expected to enhance the company's balance sheet flexibility and support its future FLNG growth initiatives. The RCF is secured by Golar's investment in the MKII FLNG, which is currently undergoing conversion to fulfill a 20-year contract with Southern Energy S.A. in Argentina. The financing received strong support from a consortium of major banks.
Key Highlights
- Golar LNG closed a new $600 million senior secured Revolving Credit Facility (RCF).
- The RCF strengthens Golar's balance sheet flexibility.
- The facility facilitates further FLNG growth for the company.
- It is secured by Golar's investment in the MKII FLNG.
- The MKII FLNG is being converted to serve a 20-year contract with Southern Energy S.A.
- A consortium of banks, including ABN AMRO, Citibank, Danske Bank, and Standard Chartered Bank, backed the facility.
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