Dynagas LNG Partners shares fell more than 18% after it disclosed details of a potential new financing deal this week, exacerbating losses incurred after a shareholder filed a lawsuit against the Tony Lauritzen-led company last month.

At market close on Thursday, the gas carrier owner's shares were trading at $1.61, down 18.27%, or $0.36.

The fall followed an announcement on Wednesday that the company may end distributions to common shareholders as part of a deal to refinance the $250m in 6.25%