Goldman Sachs has reduced its stake in Hoegh LNG Partners substantial, according to latest disclosure to US financial regulators.

The US investment bank held 2.39m shares in the US-listed company at the end of 2015, but has now reduced its position to 1.99m units.

The move has lowered Goldman Sachs’s interest in the company from 18.2 % to 10.4 %, according to a filing to the US Securities & Exchange Commission (SEC).

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