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GasLog considers issuance of bonds

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LNG Industry,

GasLog Ltd – a global owner, operator and manager of LNG carriers – has announced that it is considering the issuance of new five-year senior unsecured bonds in the Norwegian bond market. The company claims that the proceeds will help to partially refinance the company’s existing bonds maturing in June 2018.

In connection with the possible transaction, SEB, Nordea Markets and DNB Markets have all been selected as joint lead managers.

There are 18 LNG carriers in GasLog’s fully-owned fleet. This includes 11 carriers currently in operation, and a further seven on order.

Edited from press release by David Rowlands

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