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>

<< Jul 2019 >>
MTWTFSS
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 31 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >