{"id":769558,"date":"2023-07-13T07:37:38","date_gmt":"2023-07-13T11:37:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\/"},"modified":"2023-07-13T07:37:38","modified_gmt":"2023-07-13T11:37:38","slug":"gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\/","title":{"rendered":"GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units"},"content":{"rendered":"<div class=\"mw_release\">\n<p>Majuro, Marshall Islands, July  13, 2023  (GLOBE NEWSWIRE) &#8212; \u00a0<strong>GasLog Partners LP (\u201cGasLog Partners\u201d or the \u201cPartnership\u201d) (NYSE: GLOP<\/strong><strong>), <\/strong>an international owner, operator and acquirer of liquefied natural gas (\u201cLNG\u201d) carriers, today announced that it has completed the previously announced merger pursuant to which GasLog Ltd. (\u201cParent\u201d) acquired all of the outstanding common units of the Partnership not beneficially owned by Parent.\u00a0 The closing of the transaction earlier today follows a special meeting of the common unitholders of the Partnership (the \u201cCommon Unitholders\u201d) held virtually on July 7, 2023 at 10:00 a.m. Eastern Time, where the Common Unitholders voted to approve the Agreement and Plan of Merger, dated as of April 6, 2023, by and among the Partnership, GasLog GP LLC, the general partner of the Partnership, Parent and Saturn Merger Sub LLC, a direct wholly owned subsidiary of Parent (\u201cMerger Sub\u201d), and the transactions contemplated thereby.<\/p>\n<p align=\"justify\">Trading in the Partnership\u2019s common units on the New York Stock Exchange (the \u201cNYSE\u201d) will be suspended with immediate effect and the delisting of the common units from the NYSE is expected to be effective in approximately 10 days.<\/p>\n<p align=\"justify\">The Partnership\u2019s 8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units, 8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units and 8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units remain outstanding and continue to trade on the NYSE. <\/p>\n<p>\n        <strong><br \/>\n          <u>About\u00a0GasLog Partners<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>GasLog Partners is an owner, operator and acquirer of LNG carriers. The Partnership\u2019s fleet consists of eleven wholly-owned LNG carriers as well as three vessels on bareboat charters, with an average carrying capacity of approximately 159,000 cbm. Visit GasLog Partners\u2019 website at http:\/\/www.gaslogmlp.com.<\/p>\n<p>\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p>Robert Brinberg<br \/>Rose &amp; Company<br \/>Phone: +1 212-517-0810<\/p>\n<p>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EHePLnp2d2dODbSH8HTou7adTAfkopPp1wS6-fNx2Re7u5WB9Ey7Yb8Yo8lRkMzRa5WfuPjd3jeucfaNfXujrlhv9S7EcSgVS-_o9IoYyFQ=\" rel=\"nofollow noopener\" target=\"_blank\"><u>gaslog@roseandco.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3Mzk2NSM1NjkwOTE0IzIwMTY5MjU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzA0MGU3NDAtMTdkMi00ZTFlLTgyOTEtYjg4NDY0NTY0YzZhLTEwMjg0OTg=\/tiny\/GasLog-Partners-LP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Majuro, Marshall Islands, July 13, 2023 (GLOBE NEWSWIRE) &#8212; \u00a0GasLog Partners LP (\u201cGasLog Partners\u201d or the \u201cPartnership\u201d) (NYSE: GLOP), an international owner, operator and acquirer of liquefied natural gas (\u201cLNG\u201d) carriers, today announced that it has completed the previously announced merger pursuant to which GasLog Ltd. (\u201cParent\u201d) acquired all of the outstanding common units of the Partnership not beneficially owned by Parent.\u00a0 The closing of the transaction earlier today follows a special meeting of the common unitholders of the Partnership (the \u201cCommon Unitholders\u201d) held virtually on July 7, 2023 at 10:00 a.m. Eastern Time, where the Common Unitholders voted to approve the Agreement and Plan of Merger, dated as of April 6, 2023, by and among the Partnership, GasLog GP &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units&#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-769558","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units - 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\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Majuro, Marshall Islands, July 13, 2023 (GLOBE NEWSWIRE) &#8212; \u00a0GasLog Partners LP (\u201cGasLog Partners\u201d or the \u201cPartnership\u201d) (NYSE: GLOP), an international owner, operator and acquirer of liquefied natural gas (\u201cLNG\u201d) carriers, today announced that it has completed the previously announced merger pursuant to which GasLog Ltd. (\u201cParent\u201d) acquired all of the outstanding common units of the Partnership not beneficially owned by Parent.\u00a0 The closing of the transaction earlier today follows a special meeting of the common unitholders of the Partnership (the \u201cCommon Unitholders\u201d) held virtually on July 7, 2023 at 10:00 a.m. Eastern Time, where the Common Unitholders voted to approve the Agreement and Plan of Merger, dated as of April 6, 2023, by and among the Partnership, GasLog GP &hellip; Continue reading &quot;GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-13T11:37:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3Mzk2NSM1NjkwOTE0IzIwMTY5MjU=\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units\",\"datePublished\":\"2023-07-13T11:37:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/\"},\"wordCount\":305,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg3Mzk2NSM1NjkwOTE0IzIwMTY5MjU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gaslog-partners-lp-announces-closing-of-acquisition-by-gaslog-ltd-of-gaslog-partners-lps-publicly-held-common-units\\\/\",\"name\":\"GasLog Partners LP Announces Closing of Acquisition by GasLog Ltd. of GasLog Partners LP\u2019s Publicly Held Common Units - 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