Shipowner Golar LNG Partners has raised gross proceeds of$170 million in a public offering in New York.
The spin-off of John Fredriksen-controlled Golar LNG Limitedclosed the sale of 5.5 million shares priced at $30.95 apiece.
The parent company also invested $34 million in the offering.
Underwriters now have options to buy 825,000 shares, addingnearly $25.5 million to the cash pile.
New York-listed Golar Partners said it plans to use the cashto help buy the recently converted, 500 million cubic feet per day floatingstorage and regasification unit Nusantara Regas Satu from Golar Limited.
