GasLog Partners LP 8.50% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units

By: ,

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


Company Investor Relations Page for GasLog Partners

Click Here to find the offering Prospectus and Final Pricing Document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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