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Conyers advises GasLog Ltd. on its 7.5 million public offering of common units

Conyers acted for GasLog Ltd. in respect of the Bermuda law aspects of a transaction involving public offering of common units of GasLog Partners LP (the “MLP”, a master limited partnership), a subsidiary of GasLog Ltd. On 26 June 2015 the MLP issued 7,500,000 common units representing partnership interests at $23.90 per common unit. The equity raised by the MLP equity offering was used to fund the acquisition of 100% of the ownership interests in GAS-nineteen Ltd., GAS-twenty Ltd. and GAS-twenty one Ltd., the entities that own the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria, the Methane Shirley Elisabeth and the Methane Heather Sally, respectively, from GasLog Ltd. and to prepay amounts under an existing credit facility related to the vessels being acquired.

Marcello Ausenda and Victor Richards acted on the matter.

 


Marcello Ausenda
Director

Bermuda   +1 441 299 4954


Victor Richards
Director

Bermuda   +1 441 299 4926


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