Preferred Stock Offering Details: |
Golar LNG Partners LP (NASDAQ: GMLP) (the "Partnership") announced today that it has priced its public offering of 4,800,000 of its 8.75% Series A Cumulative Redeemable Preferred Units ("Series A Preferred Units"), representing limited partner interests, at $25.00 per unit. Distributions will be payable on the Series A Preferred Units at a rate of 8.75% per annum of the stated liquidation preference of $25.00. The offering is expected to close on October 31, 2017. The Partnership has granted the underwriters a 30-day option to purchase up to an additional 720,000 Series A Preferred Units. |