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Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Saturday, July 12, 11:31 AM

This Slide: #254 of 645

Slide #254. Golar LNG Partners LP — Preferred Stock Offering

Company: Golar LNG Partners LP (GLMP)
Date announced: 10/24/2017
Shares Offered: 4,800,000
Date of Pricing: 10/24/2017
Price Per Share: $25.00
Preferred Stock Offering Details: Golar LNG Partners LP (NASDAQ: GMLP) (the "Partnership") announced today that it has priced its public offering of 4,800,000 of its 8.75% Series A Cumulative Redeemable Preferred Units ("Series A Preferred Units"), representing limited partner interests, at $25.00 per unit. Distributions will be payable on the Series A Preferred Units at a rate of 8.75% per annum of the stated liquidation preference of $25.00. The offering is expected to close on October 31, 2017. The Partnership has granted the underwriters a 30-day option to purchase up to an additional 720,000 Series A Preferred Units.

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  Golar LNG Partners LP : trading symbol GLMP
 

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