Kinetics completes US$400 million bond issuance

Published by Ellie Brosnan, Editorial Assistant
Tanks and Terminals, Thursday, 06 November 2025 10:00

Kinetics, a Karpowership initiative, has announced the completion of a US$400 million 4-year senior secured bond issuance, marking an important milestone in its financial strategy and long-term growth.

The transaction attracted strong demand from domestic and international investors, including the Americas, Asia, and Europe, underscoring market confidence in Kinetics’ resilient business model and expanding global portfolio across energy infrastructure, LNG-to-Power, and floating technologies.

The proceeds will be used for the conversion of Kinetics’ three LNG terminal ships (LNGTS), LNGT Oceania, LNGT Türkiye, and LNGT Karadeniz, enabling the company to further invest in reliable and sustainable power solutions worldwide.

“This issuance reinforces investor trust in Kinetics’ long-term strategy and financial discipline,” said Mehmet Katmer, the CEO of Kinetics. “It provides us with the flexibility to continue growing responsibly and supporting the global energy transition.”

With this issuance, Kinetics establishes itself as a transparent and known quantity in international capital markets. The company will actively engage with investors through regular investor calls, ongoing financial disclosures, and consistent reporting practices, ensuring open communication and long-term trust with the investment community.

Read the article online at: https://www.tanksterminals.com/terminals/06112025/kinetics-completes-us400-million-bond-issuance/