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

Rhea-AI Summary

GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preference units for Q3 2021. The distributions are as follows: $0.5390625 for the 8.625% Series A units, $0.5125 for the 8.200% Series B units, and $0.53125 for the 8.500% Series C units. The record date for all distributions is September 8, 2021, with payment on September 15, 2021. GasLog Partners operates a fleet of 15 LNG carriers, focusing on growth in the LNG sector.

Positive

• Quarterly distributions are announced, maintaining investor returns.
• Distributions include significant amounts per unit: $0.5390625 (Series A), $0.5125 (Series B), and $0.53125 (Series C).
• The company continues to operate a fleet of 15 LNG carriers, indicating steady operational capacity.

Negative

• None.

 Piraeus, Greece, July 27, 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	September 8, 2021	September 15, 2021
8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.5125 per preference unit	September 8, 2021	September 15, 2021
8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.53125 per preference unit	September 8, 2021	September 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 is the distribution amount for GasLog Partners' 8.625% Series A units?

The distribution amount for GasLog Partners' 8.625% Series A units is $0.5390625 per preference unit.

When is the record date for GasLog Partners' quarterly distributions?

The record date for GasLog Partners' quarterly distributions is September 8, 2021.

What is the payment date for GasLog Partners' preference units?

The payment date for GasLog Partners' preference units is September 15, 2021.

How many LNG carriers does GasLog Partners operate?

GasLog Partners operates a fleet of 15 LNG carriers.

What are the distributions for GasLog Partners' Series B and Series C units?

The distributions are $0.5125 for Series B units and $0.53125 for Series C units.