Höegh LNG Partners LP Cash Distributions for the Third Quarter 2022

Rhea-AI Summary

Höegh LNG Partners LP has announced a cash distribution of $0.546875 per 8.75% Series A preferred unit, payable on November 15, 2022. This distribution will benefit all preferred unitholders of record by the close of business on November 8, 2022. The announcement reflects Höegh LNG's continued commitment to its investors, providing a return on investment amidst various market challenges. It’s important to note that this press release contains forward-looking statements, with potential risks outlined in filings available at www.sec.gov.

Positive

• Cash distribution of $0.546875 per preferred unit reflects commitment to unitholders.

Negative

• Forward-looking statements indicate potential risks and uncertainties that could affect future results.

HAMILTON, Bermuda, Oct. 18, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") announced today that its board of directors has declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be paid on November 15, 2022, to all 8.75% Series A preferred unitholders of record as of the close of the business on November 8, 2022.

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. Factors that can affect future results are discussed in the registration statement filed by Höegh LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is available via the SEC's web site at www.sec.gov. Höegh LNG Partners LP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Contact:

The IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438

View original content:https://www.prnewswire.com/news-releases/hoegh-lng-partners-lp-cash-distributions-for-the-third-quarter-2022-301652712.html

SOURCE Hoegh LNG Partners LP

FAQ

What is the cash distribution amount for HMLP's Series A preferred units?

The cash distribution amount is $0.546875 per 8.75% Series A preferred unit.

When will HMLP distribute cash to preferred unitholders?

The cash distribution will be paid on November 15, 2022.

What is the record date for HMLP's cash distribution?

The record date for the cash distribution is November 8, 2022.

Where can I find the risks associated with HMLP's forward-looking statements?

The risks associated with HMLP’s forward-looking statements can be found in their registration statement filed with the SEC at www.sec.gov.