GasLog Partners filed a prospectus to issue new preferred shares as the LNG carrier owner eyes more dropdowns from its parent.
The New York-listed master limited partnership, a spinoff of GasLog, said it plans to sell a new series of preferred units in an upcoming public offering.
The new preferred units, which will have a liquidation preference of $25 per share, will offer a fixed dividend through 2027 with a floating-rate dividend thereafter.
