Golar LNG announces a new $600 million senior secured Revolving Credit Facility

Rhea-AI Summary

Golar LNG (NASDAQ:GLNG) has closed a new $600 million senior secured Revolving Credit Facility (RCF). According to Golar, the facility is secured by its investment in the MKII FLNG unit being converted in China to serve a 20-year contract with Southern Energy S.A. in Argentina and is intended to enhance balance sheet flexibility and support further FLNG growth. The RCF is backed by a consortium of banks including ABN AMRO, Citibank, Danske Bank and Standard Chartered Bank.

Positive

• $600 million senior secured revolving credit facility closed
• RCF secured by MKII FLNG tied to 20-year Argentina contract
• Financing aimed at increasing balance sheet flexibility
• Facility intended to support further FLNG growth
• Backed by consortium including ABN AMRO, Citibank, Danske Bank, Standard Chartered

Negative

• New senior secured facility increases secured debt obligations
• MKII FLNG investment pledged as collateral, reducing asset flexibility

Market Context

GLNG short interest was 7.11%, categorized as low. The $600 million facility added financing capacit...

Analysis

GLNG short interest was 7.11%, categorized as low. The $600 million facility added financing capacity for FLNG development; the secured structure remained relevant, while successful MKII conversion was an execution factor to watch.

Key Figures

Revolving credit facility: $600 million Contract term: 20-year contract

2 metrics

Revolving credit facility $600 million New senior secured facility

Contract term 20-year contract MKII FLNG with Southern Energy S.A. in Argentina

Historical Context

5 past events · Latest: Jun 29 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 29	earnings scheduling	Neutral	-0.2%	Q2 2026 results release and webcast scheduled for August 13
May 20	dividend declaration	Positive	-0.3%	Quarterly cash dividend declared at $0.25 per share
May 20	Q1 results	Positive	-0.3%	Strong Q1 results included $84 million net income and $138 million revenue
May 19	AGM results	Neutral	-0.3%	Shareholders approved board, auditor and director-fee resolutions
Apr 07	earnings scheduling	Neutral	-2.4%	Q1 2026 results release and webcast scheduled for May 20

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

All five recent events recorded negative 24-hour reactions, including positive operational and dividend announcements.

Key Terms

revolving credit facility, senior secured, flng

3 terms

revolving credit facility financial

"closing of a new $600 million senior secured Revolving Credit Facility"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

senior secured financial

"new $600 million senior secured Revolving Credit Facility"

Senior secured describes a loan or bond that has first claim on a company’s assets and is backed by specific collateral, like a mortgage on property. For investors, that means they are paid before other creditors if the company struggles or is liquidated, reducing the chance of loss compared with unsecured or junior debt. Think of it as a front-of-the-line, collateral-backed claim that typically carries lower interest because of that added protection.

flng technical

"facilitates for further FLNG growth"

A FLNG is a floating facility — basically a factory on a ship — that extracts, processes and cools natural gas at sea so it can be loaded onto tankers and sold as liquefied natural gas. For investors it matters because FLNG projects can unlock remote offshore gas resources without building long pipelines, but they require large upfront spending, carry construction and safety risks, and can strongly influence a company’s future cash flow and profit when production begins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Golar LNG Limited (“Golar”) is pleased to announce successful closing of a new $600 million senior secured Revolving Credit Facility (“RCF”). The RCF further strengthens Golar’s balance sheet flexibility and facilitates for further FLNG growth.

The RCF is secured by Golar’s investment in the MKII FLNG currently being converted in China to serve a 20-year contract with Southern Energy S.A. in Argentina. The facility received strong backing from a consortium of banks including ABN AMRO, Citibank, Danske Bank and Standard Chartered Bank.

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 reflect 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,” “subject to” 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. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

Hamilton, Bermuda
August 3, 2026
Investor Questions: +44 207 063 7900
Karl Fredrik Staubo - CEO
Eduardo Maranhão – CFO

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

FAQ

What did Golar LNG (GLNG) announce on August 3, 2026?

Golar LNG announced the closing of a new $600 million senior secured Revolving Credit Facility. According to Golar, the RCF is intended to strengthen balance sheet flexibility and support further FLNG growth, and is secured by its investment in the MKII FLNG project.

How large is the new Golar LNG (GLNG) revolving credit facility?

The new Golar LNG revolving credit facility is $600 million. According to Golar, this senior secured RCF is backed by a consortium of banks and is designed to enhance financial flexibility while being secured against its investment in the MKII FLNG unit.

What secures Golar LNG’s new $600 million RCF for GLNG shareholders?

The $600 million RCF is secured by Golar’s investment in the MKII FLNG. According to Golar, this FLNG unit is being converted in China to serve a 20-year contract with Southern Energy S.A. in Argentina, providing long-term project backing.

How does the new $600 million RCF affect Golar LNG’s FLNG growth plans?

The RCF is intended to support further FLNG growth by improving balance sheet flexibility. According to Golar, securing this $600 million facility provides additional funding capacity linked to the MKII FLNG project and its 20-year Argentine contract with Southern Energy S.A.

Which banks are involved in Golar LNG’s new $600 million credit facility (GLNG)?

The facility is backed by a consortium including ABN AMRO, Citibank, Danske Bank and Standard Chartered Bank. According to Golar, these lenders are providing the senior secured $600 million revolving credit facility secured by the company’s MKII FLNG investment.

What is the connection between Golar LNG’s MKII FLNG and the new $600 million RCF?

Golar’s investment in the MKII FLNG secures the new $600 million RCF. According to Golar, MKII FLNG is being converted in China to serve a 20-year contract with Southern Energy S.A. in Argentina, underpinning the collateral value for the facility.