Dynagas LNG Partners LP, a limited partnership focused on owning and operating LNG carriers, raised $225 million by offering 12.5 million shares at $18, below the range of $19 to $21. Dynagas LNG Partners LP plans to list on the NASDAQ under the symbol DLNG. Credit Suisse, BofA Merrill Lynch, Morgan Stanley, Barclays and Deutsche Bank acted as bookrunners on the deal.
