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GasLog Ltd. Announces Public Offering of Senior Notes Due 2022

Monday, 13 May 2019 | 20:00

GasLog Ltd., an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, announced today that it plans to offer an additional $75.0 million aggregate principal amount of its 8.875% Senior Notes due 2022 (the “Notes”) in a public offering under its effective shelf registration statement. The Notes will be an issuance of further notes of the same series under the indenture pursuant to which the Company previously issued $250.0 million aggregate principal amount of the Company's 8.875% Senior Notes due 2022.

The Company plans to use the net proceeds from the offering to partially fund the Company's committed growth capital program and for general corporate purposes, including working capital.

Credit Suisse Securities (USA) LLC, DNB Markets Inc. and Stifel, Nicolaus & Company, Incorporated are acting as joint book-running managers of the offering.

The offering is being made only by means of a prospectus supplement and accompanying base prospectus.
Source: GasLog Ltd.

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