Conyers acted for GasLog Partners LP in respect of the Bermuda law aspects of a transaction involving an offering of common units of GasLog Partners LP (the “MLP”, a master limited partnership), a subsidiary of GasLog Ltd. On 27 January 2017 the MLP issued 3,750,000 common units representing partnership interests at [$20.50 per common unit], with the underwriters having the option to purchase up to 562,000 of the MLP’s common units. The equity raised by the MLP equity offering will be used for general partnership purposes, which may include future acquisitions (including future acquisitions from GasLog), debt repayment, capital expenditures and additions to working capital.
Marcello Ausenda and Victor Richards of Conyers advised on this matter.
