Dynagas LNG Partners LP Announces Partial Redemption of Series A Preferred Units
News related to:Dynagas LNG Partners LP · 1 min read
ATHENS, Greece, Oct. 09, 2026 /CourierPR/ -- Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (LNG) carriers, has announced its intention to redeem 2,000,000 of its 3,000,000 issued and outstanding 9.00% Series A Cumulative Redeemable Preferred Units (NYSE: DLNG PRA) (CUSIP Y2188B116 / ISIN MHY2188B1166) on November 12, 2026. The redemption will be carried out at a price of $25.00 per unit, payable in cash on the Redemption Date.
According to the press release, after the partial redemption, the 2,000,000 Series A Preferred Units being redeemed will no longer be outstanding, and all rights with respect to these units will terminate, except the right of the holders to receive the redemption price. The remaining 1,000,000 Series A Preferred Units will continue to be subject to all the rights and preferences provided in the Partnership’s Fourth Amended and Restated Agreement of Limited Partnership.
The redemption process will be handled by Computershare Trust Company, N.A., which has been designated as the paying agent. The address of the Paying Agent is 150 Royall Street, Suite 101, Canton MA 02021, Attn: Corporate Actions. The Series A Preferred Units being redeemed will be surrendered automatically to the Paying Agent in accordance with the applicable procedures of DTC.
Dynagas LNG Partners LP, with a current fleet consisting of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters, is focused on owning and operating LNG carriers employed on multi-year charters. The company’s website, www.dynagaspartners.com, provides more information about its operations and fleet.
The press release notes that the information provided does not constitute a notice of redemption of the Series A Preferred Units and is neither an offer to purchase nor a solicitation of an offer to sell any Series A Preferred Units. The company is taking advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 to provide this information.