GasLog Partners LP Declares Distributions on Series A, B and C Preference Units

Rhea-AI Summary

GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units, effective March 15, 2021. The distributions are as follows:

• 8.625% Series A: $0.5390625 per unit
• 8.200% Series B: $0.5125 per unit
• 8.500% Series C: $0.53125 per unit

The record date for all preference units is set for March 8, 2021. GasLog Partners operates a fleet of 15 LNG carriers and is known for its growth-oriented approach within the LNG sector.

Positive

• Announced quarterly distribution payments for preference units.
• High distribution yields with rates ranging from 8.200% to 8.625%.

Negative

• None.

Pireaus, Greece, Feb. 22, 2021 (GLOBE NEWSWIRE) -- GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) today announced the quarterly distributions on its preference units as follows:

	Distribution	Record Date	Payment Date
8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.5390625 per preference unit	March 8, 2021	March 15, 2021
8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.5125 per preference unit	March 8, 2021	March 15, 2021
8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.53125 per preference unit	March 8, 2021	March 15, 2021

Contacts: 

Joseph Nelson 
Head of Investor Relations 
Phone: +1 212-223-0643 

Email: ir@gaslogmlp.com 

About GasLog Partners 

GasLog Partners is a growth-oriented owner, operator and acquirer of LNG carriers. The Partnership’s fleet consists of 15 LNG carriers with an average carrying capacity of approximately 158,000 cbm. GasLog Partners is a publicly traded master limited partnership (NYSE: GLOP) but has elected to be treated as a C corporation for U.S. income tax purposes and therefore its investors receive an Internal Revenue Service Form 1099 with respect to any distributions declared and received. The Partnership’s principal executive offices are located at 69 Akti Miaouli, 18537, Piraeus, Greece. Visit GasLog Partners’ website at http://www.gaslogmlp.com.

FAQ

What are the quarterly distributions for GasLog Partners (GLOP) announced on February 22, 2021?

GasLog Partners announced quarterly distributions of $0.5390625 for Series A, $0.5125 for Series B, and $0.53125 for Series C preference units.

When is the record date for the quarterly distributions for GLOP?

The record date for the quarterly distributions for GasLog Partners is March 8, 2021.

What is the payment date for the preference units of GasLog Partners (GLOP)?

The payment date for the preference units is March 15, 2021.