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Stock Market & Financial Investment News

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April 28, 2014
06:49 EDTGLOGGasLog Partners files 8.4M common unit IPO at $19-$21 each
GasLog Partners announced the commencement of an initial public offering of 8.4M common units representing limited partnership interests. The estimated price range for the initial public offering is $19.00 to $21.00 per common unit. The proceeds from the offering will be used principally to reduce indebtedness and for general partnership purposes, with the remainder to be distributed to GasLog Ltd. (GLOG). Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., Evercore Group L.L.C. and UBS Securities LLC are acting as joint book-running managers and Deutsche Bank Securities Inc. and DNB Markets, Inc. are acting as co-managers for the offering.
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