Hoegh LNG Holdings has sold NOK 1.5bn ($177m) worth of bonds in a fundraiser aimed at refinancing some of its debt.

The Oslo-listed LNG carrier and regasification vessel owner said the sale in the the Nordic bond market was "substantially oversubscribed".

The senior unsecured debt securities will mature in 2022 and will be swapped from a floating rate linked to the three-month Norwegian Interbank Offered Rate to a fixed US-dollar rate.

Danske