Golar LNG closes $600 million RCF to fund MKII FLNG growth
Improved liquidity and project-backed credit facilities reduce funding risk, potentially supporting valuation uplift as MKII FLNG progresses and contracted cash flows become more visible.
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Improved liquidity and project-backed credit facilities reduce funding risk, potentially supporting valuation uplift as MKII FLNG progresses and contracted cash flows become more visible.
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Golar LNG announced a $600 million senior secured revolving facility, enhancing liquidity and balance-sheet flexibility to advance the MKII FLNG project being converted in China. The facility backs a 20-year contract with Southern Energy in Argentina and is supported by a bank syndicate led by ABN AMRO, Citibank, Danske Bank and Standard Chartered. The move could improve project execution visibility and credit metrics near term.
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