Le Lézard
Classified in: Transportation, Business
Subject: DIV

Höegh LNG Partners LP Cash Distributions for the Third Quarter 2020


HAMILTON, Bermuda, Oct. 16, 2020 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended September 30, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit.

The cash distribution for the common units will be paid on November 13, 2020 to all common unitholders of record as of the close of the business on October 30, 2020.

The Partnership also announced that the Board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be paid on November 16, 2020 to all 8.75% Series A preferred unitholders of record as of the close of the business on November 9, 2020.

Höegh LNG Partners LP is a growth-oriented limited partnership formed by Höegh LNG Holdings Ltd. (Oslo Børs ticker: HLNG), a leading floating LNG service provider. HMLP's strategy is to own, operate and acquire floating storage and regasification units ("FSRUs") and associated LNG infrastructure assets under long-term charters. It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.7 years plus options as of September 30, 2020.

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. Factors that can affect future results are discussed in the registration statement filed by Höegh LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is available via the SEC's web site at www.sec.gov. Höegh LNG Partners LP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Contact:

The IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438
Knut Johan Arnholdt, VP IR and Strategy, +47 922 59 131 

SOURCE Hoegh LNG Partners LP


These press releases may also interest you

28 mar 2024
On Tuesday March 26, 2024, DeLorean Motor Company, represented by intellectual property and entertainment attorney, Roger N. Behle, Jr. of Foley Bezek Behle & Curtis, filed documents in California federal court announcing the settlement of DeLorean...

28 mar 2024
The Greater Toronto Airports Authority ("GTAA") today reported its financial and operating results for 2023.  Passenger activity significantly increased by 9.2 million, or 25.8 per cent, from 35.6 million to 44.8 million in 2023, when compared to...

28 mar 2024
Quhuo Limited ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on life services in China, today announced that it will report unaudited financial results for the second half and full year 2023 before the open of the...

28 mar 2024
Magna International Inc. today announced that its 2023 Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company's...

28 mar 2024
TuanChe Limited ("TuanChe" or the "Company") , a leading integrated automotive marketplace in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission...

28 mar 2024
NaaS Technology, the first U.S. listed EV charging service company in China, announced remarkable financial growth and operational highlights in its newly-released unaudited financial results for the fourth quarter and full year ended December 31,...



News published on and distributed by: