Golar's Tundra buyback to close in third quarter

Golar LNG Partners expects to close the put option that requires corporate parent Golar LNG to buy back a floating storage and regasification unit (FSRU) in the third quarter, a securities filing said. 

As Golar LNG disclosed on its last earnings call, the put option requires a payment of $107m, which was equal to the cash portion of the deal, plus an amount equal to 5% per annum of the deferred purchase price.