Seeking Alpha

Dynagas LNG Partners in 4.8M-unit offering

  • Dynagas LNG Partners (DLNG) announces a public offering of 4.8M common units, with an underwriters' option to purchase up to an additional 720K units.
  • DLNG plans to use the proceeds to help fund its previously announced acquisition of the company that owns the ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd.
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