#USA #New York #LNG #Kinetics #Karpowership

Kinetics Secures $400 Million in Bond Issuance

Kinetics, a notable initiative of Karpowership, has recently marked a significant achievement in its ongoing financial strategy with the completion of a $400 million senior secured bond issuance. This bond issuance, with a tenure of four years, highlights Kinetics' commitment to transparency and engagement in the global capital markets.

According to details shared by the company, the bond issuance drew strong interest from a diverse range of investors across the Americas, Asia, and Europe. This overwhelming demand reflects the solid confidence investors have in Kinetics’ robust business model and its ambitious plans in the energy sector, particularly in LNG-to-Power and floating technologies. The successful completion of this financing venture not only strengthens Kinetics’ position in the market but also showcases the company’s potential for long-term growth.

Purpose of the Bond Issuance

The proceeds from this bond issuance are strategically targeted for the conversion of three Liquefied Natural Gas Terminal Ships (LNGTS), specifically, LNGT Oceania, LNGT Türkiye, and LNGT Karadeniz. By focusing on these projects, Kinetics aims to enhance its investments in sustainable power solutions around the globe, reinforcing its dedication to cleaner and more flexible energy systems.

Mehmet Katmer, CEO of Kinetics, emphasized the importance of this development by stating, "This successful issuance reinforces investor trust in Kinetics' long-term strategy and financial discipline." He highlighted that it provides Kinetics with the financial flexibility needed to continue its responsible growth while actively supporting the global energy transition.

Establishing Trust in Capital Markets

With this bond issuance, Kinetics aims to solidify its reputation as a transparent and recognized entity within international capital markets. The company plans to engage directly with its investors through regular communication, including investor calls, detailed financial disclosures, and consistent reporting practices. By doing so, Kinetics seeks to foster open lines of communication and long-term trust within the investment community.

Bond Issuance Details

• - Issuer: Kinetics LNG Holding Limited
• - Amount: USD 400 million
• - Tenor: 4 years (until November 2029)
• - Listing: Euronext Nordic ABM
• - Joint Bookrunners: Pareto Securities as Sole Global Coordinator; Fearnley Securities as Joint Bookrunner

About Kinetics

Kinetics is dedicated to revolutionizing how energy infrastructure is developed and operated. It specializes in the design, construction, and leasing of floating LNG assets and various renewable energy platforms. Not only does it offer custom solutions, including battery energy storage systems (BESS), but it also addresses the evolving needs of utilities, governments, and independent power producers. The company firmly believes in innovation, sustainability, and positive impact as core principles guiding its operations.

To learn more about Kinetics and its initiatives, visit Kinetics Energies. Additionally, visitors can access high-resolution images and the company logo through the provided links, ensuring that stakeholders are well-informed of Kinetics’ brand and its contributions to the energy sector.