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Dynagas raises $55m in share offering

US-listed liquefied natural gas carrier owner Dynagas LNG Partners has raised $55m from an offering of preferred partnership units. The proceeds could be applied to a range of partnership purposes including acquisitions or repaying indebtedness, the latter including the partnership’s outstanding 6.25% senior notes, due in October 2019, that management has identified as a priority

Proceeds from Series B redeemable units will be for general partnership purposes that may include repaying of debt or funding of acquisitions

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