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Direction Date range down Jan-24-2017 21.35 to 20.75
GasLog Partners LP Announces Pricing of its Public Offering of 3,750,000 Common Units
GlobeNewswire•January 24, 2017
MONACO, January 24, 2017 -- GasLog Partners LP ("GasLog Partners," the "Partnership" or "we") (GLOP) today announced that it has priced its public offering of 3,750,000 common units at a price to the public of $20.50 per common unit. The underwriter has a 30-day option to purchase up to 562,500 additional common units from the Partnership.
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. We currently expect that this will include future acquisitions from GasLog Ltd., our parent ("GasLog").