Golar LNG said it plans to raise up to $403m in a bond offering that includes mechanisms stem potential share price declines.
The New York-listed LNG vessel owner said it will offer $350m in principal in the public portion of the offering.
The bond buyers will then have the option to buy up to $52.5m in additional notes to cover over-allotments.
The convertible senior unsecured notes are due in 2022.
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