US-listed Golar LNG has placed a $300m bond in the Nordic market to refinance a convertible issue maturing in February.

The LNG carrier company said it will pay 7% interest per year until October 2025.

The conventional notes will help redeem the $402.5m 2022 bonds that have a coupon of 2.75%.

Cash will also be used for general corporate purposes.

DNB Markets and Pareto Securities acted as global coordinators and Danske Bank and Nordea Bank as joint lead managers.