GasLog Partners Announces Public Offering Of 7.5 Mln Common Units

(RTTNews) - GasLog Partners LP (GLOP) on Monday announced a public offering of 7.5 million common units. The Partnership intends to grant the underwriters a 30-day option to purchase up to about 1.13 million additional common units from the Partnership.

The Partnership plans to use the net proceeds from the offering to fund the acquisition of 100% of the ownership interests in GAS-nineteen Ltd, Gas-twenty Ltd and GAS-twenty one Ltd, the entities that own the liquefied natural gas carriers the Methane Alison Victoria, the Methane Shirley Elisabeth and the Methane Heather Sally, respectively, from GasLog Ltd.