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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., Oct. 2, 10:27 AM

Slide #13. GasLog Partners LP Secondary Offering

Company: GasLog Partners LP (NYSE:GLOP)
Date announced: 9/23/2014
Shares Offered: 4,500,000
Date of Pricing: 9/24/2014
Price Per Share: $31.00
Secondary Offering Details: GasLog Partners LP (the "Partnership") (NYSE:GLOP) today announced a public offering of 4,500,000 common units. The Partnership intends to grant the underwriters a 30-day option to purchase up to 675,000 additional common units from the Partnership. - updated 9/24 - GasLog Partners LP (the "Partnership") (NYSE:GLOP) today announced that it has priced its public offering of 4,500,000 common units at $31.00 per common unit. The underwriters have a 30-day option to purchase up to 675,000 additional common units from the Partnership.

GasLog Partners is a holding company. Co. is a limited partnership formed to own, operate and acquire liquefied natural gas (LNG) carriers engaged in LNG transportation under long-term charters. Co.'s initial fleet of three LNG carriers will be contributed to it by GasLog, Ltd. Co. provides services of its ships under time charters. A time charter is a contract for the use of the ship for a specified term at a daily hire rate. Under a time charter, the ship owner provides crewing and other services related to the ship's operation, the cost of which is covered by the hire rate, and the customer is responsible for all of the ship voyage costs.
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Company Name:  GasLog Partners LP
Sector:  Shipping

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October 2, 2014    10:27 AM Eastern
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