GlobeNewswire

HYGO ENERGY TRANSITION LTD. FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING

Share

Golar LNG Limited (“Golar LNG”) announced today that Hygo Energy Transition Ltd. (“Hygo”), formerly known as Golar Power Limited, a joint venture between Golar LNG and investment vehicles affiliated with Stonepeak Infrastructure Partners, has filed a Registration Statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) related to a proposed initial public offering of Hygo’s common shares. Hygo intends to apply to list the common shares on the Nasdaq Global Select Market under the ticker symbol “HYGO.”

Hygo was formed to develop, own and operate integrated LNG-based transportation, downstream solutions and associated terminal and power generation infrastructure. Hygo provides these integrated downstream LNG solutions to underserved markets by delivering low cost, environmentally sound energy alternatives to consumers around the world.

Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as the lead bookrunning managers for the proposed offering. Barclays Capital Inc., BTIG, LLC, Citigroup and UBS Securities LLC are acting as bookrunners for the proposed offering.

The offering will be made only by means of a prospectus.  A copy of the preliminary prospectus, when available, may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014 or by email at prospectus@morganstanley.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com; or Barclays Capital Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (888) 603-5847, or by email at Barclaysprospectus@broadridge.com. BTIG, LLC, 65 East 55th Street, New York, NY 10022 or by email at equitycapitalmarkets@btig.com, Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 800-831-9146 and UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone at 888-827-7275 or by email at olprospectusrequest@ubs.com.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” or the negative of these terms and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Golar LNG and Hygo undertake no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. As a result, you are cautioned not to rely on any forward-looking statements. Actual results may differ materially from those expressed or implied by such forward-looking statements. Golar LNG and Hygo undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

Hamilton, Bermuda
August 31, 2020
Enquiries:
Golar Management Limited: + 44 207 063 7900
Eduardo Maranhao
Stuart Buchanan







About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

NAXS har gjort ett investeringsåtagande till Nordic Capital Fund X1.10.2020 21:00:00 CESTPressemelding

NAXS har gjort ett åtagande till Nordic Capital Fund X (“Fonden”), den tionde fonden som rests av Nordic Capital. Med en storlek om 6,1 Mdr SEK är fonden den största som Nordic Capital etablerat sedan verksamheten grundades 1989. Fondresningen inleddes under april 2020, tog mindre än 6 månader och när fonden nådde sin maximala storlek (”hard cap”) var den kraftigt övertecknad. Fonden kommer att investera enligt Nordic Capitals strategi att göra majoritetsinvesteringar i icke-cykliska tillväxtföretag inom sektorerna Healthcare, Technology & Payments och Financial Services. NAXS är sedan tidigare investerare i Nordic Capital Fund VII och Nordic Capital CV1. Ytterligare information kommer vara tillgänglig i NAXS Q3 rapport som publiceras den 20 oktober. Kontaktinformation Lennart Svantesson, verkställande direktör Telefon: +46 73 311 00 11 Informationen lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 1 oktober 2020 kl. 21.00. Pressmeddelanden och ytterligare i

NAXS has made an investment commitment to Nordic Capital Fund X1.10.2020 21:00:00 CESTPress release

Not for release, publication or distribution, directly or indirectly, in or into the United States, Hong Kong, Canada, Japan or Australia, or any other jurisdiction in which the distribution or release would be unlawful. NAXS has made an investment commitment to Nordic Capital Fund X (the “Fund”), the tenth fund raised by Nordic Capital. At EUR 6.1 billion, the Fund is the largest that Nordic Capital has raised since its inception in 1989. The Fund, launched in April 2020, was oversubscribed at its hard cap, and was raised in less than 6 months. The Fund is set to continue Nordic Capital’s successful strategy of focusing on majority investments in non-cyclical growth companies in the Healthcare, Technology & Payments and Financial Services sectors. NAXS is an investor in Nordic Capital Fund VII and Nordic Capital CV1. More information will be available in NAXS’s Q3 2020 report, due October 20th. Contact information: Lennart Svantesson, CEO Telephone: +46 73 311 00 11 This information w

Major shareholder announcement – NOVO HOLDINGS A/S1.10.2020 20:16:07 CESTPress release

Company announcement 16-2020, COPENHAGEN, DENMARK Pursuant to Section 38 of the Danish Capital Markets Act, FLSmidth has been informed that NOVO HOLDINGS A/S has reduced his holding of FLSmidth shares to a total 2,455,584 FLSmidth & Co. A/S shares, which corresponds to 4.79% of the total nominal share capital and voting rights in FLSmidth & Co. A/S. Contacts Media Relations Rasmus Windfeld, +45 40 44 60 60, rwin@flsmidth.com Investor Relations Nicolai Mauritzen, +45 30 93 18 51, nicm@flsmidth.com FLSmidth provides sustainable productivity to the global mining and cement industries. We deliver market-leading engineering, equipment and service solutions that enable our customers to improve performance, drive down costs and reduce environmental impact. Our operations span the globe and our 11,765 employees are present in more than 60 countries. In 2019, FLSmidth generated revenue of DKK 20.6 billion. www.flsmidth.com Attachment Company announcement 16 Novo HOLDINGS

RCI Banque : PLACEMENT OF A 991.5 MILLION EURO SECURITIZATION BACKED BY FRENCH AUTO LEASES WITH PURCHASE OPTION “LOA”1.10.2020 19:18:09 CESTPress release

October 1st, 2020 PLACEMENT OF A 991.5 MILLION EURO SECURITIZATION BACKED BY FRENCH AUTO LEASES WITH PURCHASE OPTION “LOA” RCI Bank and Services announces the placement of its first securitization backed by auto lease monthly instalments (residual value component excluded) originated by its French subsidiary DIAC. FCT Cars Alliance Auto Leases V 2020-1 has placed 950m€(1) of Senior notes and 41.5m€ of Junior notes. These notes are rated AAA(sf) / Aaa(sf) and AA (low)(sf) / Aa3(sf) respectively by DBRS and Moody’s. The Senior tranche, with a WAL of 2.9 years, has a margin(2) of Euribor 1 month + 23bps. The Junior notes, with a WAL of 4.5 years, have a margin of Euribor 1 month + 100bps. This issuance is the Group first public lease ABS and a key milestone in its funding diversification policy. The success of this transaction demonstrates investors’ confidence in the quality of RCI assets and its servicing process. This transaction also confirms the diversified financing sources to which

PILLAR III RISK REPORT AS OF DECEMBER 31, 2019 (AMENDED VERSION DATED 2020-10-01)1.10.2020 19:00:00 CESTPress release

Thursday, October 1st, 2020 PILLAR III RISK REPORT AS OF DECEMBER 31, 2019 (AMENDED VERSION DATED 2020-10-01) An amended version of the Pillar III report as of 12/31/2019 is available on our website rcibs.com under the reference “PILLAR 3 DISCLOSURES 2019-12-31 (AMENDED VERSION DATED 2020-10-01)”. Changes versus initial release are listed below: Correction on own funds, total capital ratio, CET1 ratio, leverage ratio initially reported to reflect the cancellation of € 300 million planned dividend in respect of 2019 results. Such decision has been announced in our press release dated April 23, 2020 and intended to comply with ECB recommendations on dividend payments. Error corrections on tables IX-2 AE1 “Encumbered and unencumbered assets” and IX-3 AE2 “Collateral received” in page 85 and 86. This new version cancels and replaces Pillar III report published on our website on a stand-alone basis on 30/3/2020 and integrated in our annual report published on 29/04/2020. Contact Analysts an