GasLog Partners LP Announces Public Offering of 4.5M Common Units

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GasLog Partners LP (the “Partnership”)
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. The Partnership plans to use the net proceeds from the public offering to fund the previously announced acquisition of 100% of the ownership interests in GAS-sixteen Ltd. and GAS-seventeen Ltd., the entities that own the liquefied natural gas (“LNG”) carriers the Methane Rita Andrea and the Methane Jane Elizabeth, respectively, from GasLog Ltd.
GLOG
, and to prepay amounts under an existing credit facility related to the vessels being acquired. Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC, Barclays Capital Inc. and Evercore Group L.L.C. are acting as joint book-running managers and Deutsche Bank Securities Inc., DNB Markets, Inc., Morgan Stanley & Co. LLC and UBS Investment Bank are acting as co-managers for the offering. The offering is being made only by means of a prospectus. A preliminary prospectus relating to the offering may be obtained from: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (tel: (800) 831-9146); Credit Suisse Securities (USA) LLC, Attention: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone: 800-221-1037; and Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York, 10152, by telephone: 800-326-5897. A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on September 23, 2014. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
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