GasLog Partners LP 8.50% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units
By: Tim McPartland,
Date of Issue 11/7/2018
Units Sold 4,000,000 Over-allotment Units 600,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol GLOP-C OTC Temp Ticker GLOUF
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2019
Quarterly Dividend .5313 Annual Dividend 2.13
Securities may be redeemed, at the issuers option, as early as 3/15/2024 for a redemption price of $25/share plus accrued dividends
Coupon will be 8.50% until 3/15/2024 at which point it will float at 3 month Libor plus a spread of 5.317%
We have determined distributions will be Qualified Distribution
Maturity Date None
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