Golar LNG Reveals Finalization of $1.2 Billion FLNG Gimi Bank Financing
Golar LNG closed and drawn a new $1.2B asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi. The new $1.2B bank facility replaces an existing bank facility with an outstanding amount of $627M as at Q3 2025. The new debt facility has a 7-year tenor, 16-year amortization profile and will incur interest at SOFR plus a margin of 2.50% p.a. Golar's 70% share of the net liquidity released from the bank refinancing amounts to approximately $400M after repayment of the existing Gimi debt facility and unwinding of the existing interest-rate swap.
