LNG shipping company Dynagas LNG Partners LP files for a $150 million IPO


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Dynagas LNG Partners LP, a limited partnership focused on owning and operating LNG carriers, filed on Thursday with the SEC to raise up to $150 million in an initial public offering. The Glyfada, Greece-based company, which was founded in 2004 and booked $83 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol DLNG. Dynagas LNG Partners LP initially filed confidentially on July 10, 2013. Credit Suisse, BofA Merrill Lynch, Morgan Stanley and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.

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This article appears in: News Headlines , IPOs

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