{"id":415374,"date":"2021-01-14T16:18:37","date_gmt":"2021-01-14T21:18:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415374"},"modified":"2021-01-14T16:18:37","modified_gmt":"2021-01-14T21:18:37","slug":"hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/","title":{"rendered":"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HAMILTON, Bermuda<\/span>, Jan. 14,\u00a02021 \/PRNewswire\/ &#8212;\u00a0H\u00f6egh LNG Partners LP (the &#8220;Partnership&#8221;) (NYSE: HMLP) announced today that its board of directors (the &#8220;Board&#8221;) has declared a quarterly cash distribution with respect to the quarter ended <span class=\"xn-chron\">December 31, 2020<\/span> of <span class=\"xn-money\">$0.44<\/span> per unit for the common units. The distribution corresponds to an annualized distribution of <span class=\"xn-money\">$1.76<\/span> per unit.<\/p>\n<p>The cash distribution for the common units will be paid on <span class=\"xn-chron\">February 12, 2021<\/span> to all common unitholders of record as of the close of the business on <span class=\"xn-chron\">January 29, 2021<\/span>.<\/p>\n<p>The Partnership also announced that the Board declared a cash distribution of <span class=\"xn-money\">$0.546875<\/span> per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be paid on <span class=\"xn-chron\">February 16, 2021<\/span> to all 8.75% Series A preferred unitholders of record as of the close of the business on <span class=\"xn-chron\">February 08, 2021<\/span>.<\/p>\n<p>H\u00f6egh LNG Partners LP is a growth-oriented limited partnership formed by H\u00f6egh LNG Holdings Ltd. (Oslo B\u00f8rs ticker: HLNG), a leading floating LNG service provider. HMLP&#8217;s strategy is to own, operate and acquire floating storage and regasification units (&#8220;FSRUs&#8221;) and associated LNG infrastructure assets under long-term charters.\u00a0It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.5 years plus options as of <span class=\"xn-chron\">December 31, 2020<\/span>. <\/p>\n<p>This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management&#8217;s control. Factors that can affect future results are discussed in the registration statement filed by H\u00f6egh LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is available via the SEC&#8217;s web site at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3038038-1&amp;h=229104479&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>. H\u00f6egh LNG Partners LP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.<\/p>\n<p>Contact: <\/p>\n<p>The IGB Group, <span class=\"xn-person\">Bryan Degnan<\/span>, +1 (646) 673-9701 \/ <span class=\"xn-person\">Leon Berman<\/span>, +1 (212) 477-8438<br \/><span class=\"xn-person\">Knut Johan Arnholdt<\/span>, VP IR and Strategy, +47 922 59 131\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49421&amp;sd=2021-01-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020-301208877.html\">http:\/\/www.prnewswire.com\/news-releases\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020-301208877.html<\/a><\/p>\n<p>SOURCE  Hoegh LNG Partners LP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY49421&amp;Transmission_Id=202101141615PR_NEWS_USPR_____NY49421&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HAMILTON, Bermuda, Jan. 14,\u00a02021 \/PRNewswire\/ &#8212;\u00a0H\u00f6egh LNG Partners LP (the &#8220;Partnership&#8221;) (NYSE: HMLP) announced today that its board of directors (the &#8220;Board&#8221;) has declared a quarterly cash distribution with respect to the quarter ended December 31, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit. The cash distribution for the common units will be paid on February 12, 2021 to all common unitholders of record as of the close of the business on January 29, 2021. The Partnership also announced that the Board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415374","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HAMILTON, Bermuda, Jan. 14,\u00a02021 \/PRNewswire\/ &#8212;\u00a0H\u00f6egh LNG Partners LP (the &#8220;Partnership&#8221;) (NYSE: HMLP) announced today that its board of directors (the &#8220;Board&#8221;) has declared a quarterly cash distribution with respect to the quarter ended December 31, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit. The cash distribution for the common units will be paid on February 12, 2021 to all common unitholders of record as of the close of the business on January 29, 2021. The Partnership also announced that the Board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be &hellip; Continue reading &quot;H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T21:18:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49421&amp;sd=2021-01-14\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020\",\"datePublished\":\"2021-01-14T21:18:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/\"},\"wordCount\":348,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY49421&amp;sd=2021-01-14\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\\\/\",\"name\":\"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020 - 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The distribution corresponds to an annualized distribution of $1.76 per unit. The cash distribution for the common units will be paid on February 12, 2021 to all common unitholders of record as of the close of the business on January 29, 2021. The Partnership also announced that the Board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be &hellip; Continue reading \"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-14T21:18:37+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49421&amp;sd=2021-01-14","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020","datePublished":"2021-01-14T21:18:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/"},"wordCount":348,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY49421&amp;sd=2021-01-14","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2020\/","name":"H\u00f6egh LNG Partners LP Cash Distributions for the Fourth Quarter 2020 - 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