Höegh LNG Holdings Ltd. (HLNG) has today submitted an application for stock exchange listing to Oslo Børs (the Oslo Stock Exchange).
It is expected that the Board of Directors of Oslo Børs will review the listing application on 15 June 2011 and that HLNG will be listed on or about 17 June 2011. HLNG is currently in the process of raising between USD 175 million to USD 225 million through a private placement to fund two Floating Storage and Re-gasification vessels (FSRUs) at Hyundai Heavy Industries for delivery in 4Q2013 and 1Q2014.
The Chairman of the Board of Directors, Morten W. Høegh , explains:
“ Listing HLNG is an important step in realizing the Group’s growth strategy, and enabling the company to continue to develop as one of the leading providers of integrated floating LNG services. ”
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Source: Höegh LNG, May 13, 2011;