In a statement the Nasdaq-quoted company, which is based in Athens, said it is planning to issue senior unsecured notes due 2019.
Dynagas intends to apply proceeds from the public offering, which could top $265m, towards the acquisition of an LNG carrier from its sponsor, Greek compatriot Dynagas Holdings.
The company pointed out that the balance of the purchase price will be covered by cash on hand.
"The
