GasLog Partners Adds Over USD 53 Mn of Fresh Funds

Owner and operator of LNG carriers GasLog Partners has collected some USD 53.2 million through its public offering of 2.75 million common units.

The public offering price was USD 19.50 per common unit.

GasLog Partners said that the net proceeds, which were collected from the offering, after deducting underwriting discounts and other offering expenses, include USD 1.09 million received from GasLog Ltd. to maintain its 2% general partner interest in the Partnership.

The net proceeds from the public offering would be used for general partnership purposes, which may include future acquisitions, debt repayment, capital expenditures and additions to working capital, as well as the future acquisitions from the company’s parent, GasLog Ltd., according to the company.

Barclays Capital Inc. acted as underwriter for the offering.

Share this article

Follow World Maritime News

In Depth>


<< Feb 2020 >>
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >