HAMILTON, BERMUDA--(Marketwire - Jul 19, 2012) - Golar LNG Partners LP (NASDAQ: GMLP)
(the "Partnership") announced today,
further to its announcement on July 9, 2012, that it has completed
its
acquisition of interests in the companies that own and operate the
floating
storage and regasification unit ("FSRU") Nusantara Regas Satu from
Golar LNG
Limited ("Golar LNG") for a purchase price of $385 million.
The Partnership financed the acquisition with the proceeds of its recent
equity
offering, which closed on July 16, 2012, cash on hand and vendor financing
from
Golar LNG in the amount of $155 million. The Partnership expects to
refinance
the loan from Golar LNG with bank financing during the third quarter of
2012.
Forward-Looking Statement
This press release contains a forward-looking statement within the
meaning of
Section 27A of the Securities Act of 1933 (the "Securities Act") and
Section
21E of the Securities Exchange Act of 1934 (the "Exchange Act")
regarding the
Partnership's expectation that it will refinance its $155 million loan
from
Golar LNG. This statement is based on management's current
expectations or
beliefs and is subject to risks and uncertainties that cannot be
predicted or
quantified and, consequently, actual results may differ materially from
those
expressed or implied by such forward-looking statement. Such risks
and
uncertainties include, without limitation, those risks and
uncertainties
identified in the Partnership's filings with the Securities and
Exchange
Commission pursuant to the Securities Act and the Exchange Act. The
Partnership
disclaims, and does not undertake, any obligation to update or
revise the
forward-looking statement in this press release.
Hamilton, Bermuda
July 19, 2012
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Source: Golar LNG Partners L.P. via Thomson Reuters ONE
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