HAMILTON, Bermuda
,
July 19, 2018
/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
June 30, 2018
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
August 14, 2018
to all common unitholders of record as of the close of the business on
August 2, 2018
.
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
August 15, 2018
to all 8.75% Series A preferred unitholders of record as of the close of the business on
August 8, 2018
.
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 11 years plus options as of
June 30, 2018
.
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.
Media contact:
Richard Tyrrell
Chief Executive Officer and Chief Financial Officer
+44 7919 058830
www.hoeghlngpartners.com
Source:
Hoegh LNG Partners LP
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SOURCE
Hoegh LNG Partners LP