Dynagas LNG Partners agrees $480 mln loan

Dynagas LNG Partners agrees $480 mln loan
Image courtesy of Dynagas LNG Partners

Dynagas LNG Partners, a partnership formed by Dynagas, said its unit, Arctic LNG Carriers secured a $480 million loan.

The Partnership intends to use the net proceeds of the loan facility to repay in full its existing secured indebtedness, pay transaction fees and expenses and for general corporate purposes.

Credit Suisse Securities and Barclays acted as joint global coordinators, joint lead arrangers and joint book runners of the loan.

The Partnership’s current fleet consists of six LNG carriers, with an aggregate carrying capacity of approximately 914,000 cubic meters.

Share this article

Follow LNG World News

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG BUNKERING MED

The only 3 day course offering theoretical and practical training on LNG bunkering for the Mediterranean market, the syllabus is accredited…

read more >

International Gas Cooperation Summit (IGCS)

The International Gas Cooperation Summit (IGCS) is a platform for South Africa’s aspirations to build an energy hub for gas cooperation…

read more >

Budapest LNG Summit

Budapest LNG Summit is a niche event focused on the up and coming LNG  region of Central & Eastern Europe (CEE).

read more >

Mozambique Gas Summit & Exhibition

Now in its fourth edition, the Mozambique Gas Summit & Exhibition is recognized as the leading strategic meeting for Mozambique’s gas industry…

read more >