The Online Investor
Air Services Other IPOs image Air Services Other IPOs » By The Online Investor Staff, updated Tue., Aug. 11, 6:16 AM
Recent initial public offerings in the Air Services Other IPOs category.

Slide #3. GasLog Partners LP Initial Public Offering

Company: GasLog Partners LP
Proposed Symbol: GLOP
Shares Offered: 8,400,000
Price Per Share: $19.00 to $21.00
Over-Allotment: 1,260,000
Description: GasLog Partners LP (the "MLP") today announced the commencement of an initial public offering of 8,400,000 common units representing limited partnership interests (the "common units"). The estimated price range for the initial public offering is $19.00 to $21.00 per common unit. The proceeds from the offering will be used principally to reduce indebtedness and for general partnership purposes, with the remainder to be distributed to GasLog Ltd. ("GasLog") (NYSE:GLOG). The MLP is a Marshall Islands limited partnership and is currently a wholly owned subsidiary of GasLog. GasLog will contribute three of its existing LNG carriers with multi-year charters to the MLP. The underwriters will be granted an option to purchase up to 1,260,000 additional common units from the MLP at the initial public offering price, less the underwriting discount. The MLP has applied to list the common units on the New York Stock Exchange under the symbol "GLOP". If the underwriters' option to purchase additional common units is not exercised, GasLog will retain 1,422,358 of the MLP's common units (and will retain 162,358 common units if the option is exercised in full) as well as all of the MLP's subordinated units, general partner interest and incentive distribution rights.

IPOs: GasLog Partners LP

Air Services Other IPOs - Slide 3 of 5 Page |

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.