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GasLog Partners LP Announces Pricing of its Public Offering of 2,750,000 Common Units

MONACO, Aug. 1, 2016 (GLOBE NEWSWIRE) -- GasLog Partners LP (the "Partnership" or "we") (GLOP) today announced that it has priced its public offering of 2,750,000 common units at a price to the public of $19.50 per common unit. The underwriter has a 30-day option to purchase up to 412,500 additional common units from the Partnership.

The Partnership plans to use the net proceeds from the public offering for general partnership purposes, which may include future acquisitions, debt repayment, capital expenditures and additions to working capital. We currently expect that this will include future acquisitions from GasLog Ltd., our parent ("GasLog").

Barclays Capital Inc. is acting as underwriter for the offering. The offering is being made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (888) 603-5847.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on June 8, 2015. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About the Partnership

The Partnership is a growth-oriented master limited partnership focused on owning, operating and acquiring LNG carriers under long-term charters. The Partnership's fleet consists of eight LNG carriers with an average carrying capacity of 148,750 cbm, each of which has a multi-year time charter. The Partnership's executive offices are located at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco.

Forward-Looking Statements

All statements in this press release that are not statements of historical fact are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements that address activities, events or developments that the Partnership expects, projects, believes or anticipates will or may occur in the future...


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