GasLog and its master limited partnership (MLP) spin-off have refinanced nearly all of the debt coming due next year, taking out three loans totalling $1bn.

The Peter Livanos-backed, New York-listed duo said on Thursday that GasLog had received a $577m credit facility and spin-off GasLog Partners received $460m in new facilities.

"The [loans], which substantially refinance all of the group’s debt maturities due in 2021, strengthen the balance sheet and create additional liquidity for the group," a joint statement said.