Reuters are reporting that GasLog Partners LP has announced a public offering of 3.75 million common units.
The Partnership intends to grant the underwriter a 30-day option to purchase up to 562 500 additional common units from the partnership.
At current pricing of US$16.90 per share, GasLog Partners would raise around US$72.9 million from the sale.
The Partnership plans to use the net proceeds from the public offering for general partnership purposes, which may include future acquisitions, debt repayment, capital expenditures and additions to working capital.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24012017/gaslog-partners-announce-share-sale/
LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »
Gastech Insights interview with Kristy Kramer, Wood Mackenzie’s Head of Americas Gas Research, about the role US LNG will play in the next wave of supply and exactly what we can expect.
