Dynagas LNG Partners LP (DLNG)
NYSE · LimitedPartnership · CUSIP Y2188B108
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Security Profile

Security Type
Master Limited Partnership
CUSIP
Y2188B108
Market Cap
Small Cap
IPO
11/14/2013 · $18.00/unit
Business: Dynagas LNG Partners LP is a growth-oriented limited partnership focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the Company with the benefits of stable cash flows and high utilization rates.
Notes: Sept. 19, 2019 -- Dynagas LNG Partners LP announced today that it has entered into definitive documentation with leading international banks for a syndicated $675 million senior secured term loan. The Credit Facility will be secured by, among other things, first priority mortgages on the six LNG carriers in the Partnership's fleet. Under the terms of the Credit Facility, the Partnership will be restricted from paying distributions to its common unit-holders while borrowings are outstanding under the Credit Facility. Scheduled distributions to the preferred unit-holders under the existing Series A Preferred Units and Series B Preferred Units will not be restricted provided there is no event of default while the Credit Facility remains outstanding.

Company Contact

CEO
Tony Lauritzen
CFO
Michael Gregos
Investor Relations
Nicolas Bornozis, Capital Link, Inc. · 212-661-7566 · dynagas@capitallink.com
General Email
management@dynagaspartners.com
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