Golar LNG Partners bagged $55 million more in cash intended to fund its purchase of a floating storage and regasification unit from its parent.
Underwriters have opted to buy $25.5 million worth of the New York-listed shipowner’s stock, adding to funds raised recently in a public offering.
The banks exercised an option for 825,000 shares. They were led by Citigroup, Bank of America Merrill Lynch, Wells Fargo and Goldman Sachs.