GasLog Partners LP 8.20% Series B Cumulative Redeemable Perpetual Fixed-to-Floating Rate Preference Units

Shares shall carry a coupon of 8.20% until 3/15/2023 at which time the coupon will float at the rate of 3 month libor plus a spread of 5.839%.

Investors in this security will receive a 1099 NOT a K-1 as GasLog Partners has chosen to be taxed as a C-Corp.

GasLog Partners merged with Gaslog LTD on 7/13/2023. Gaslog LTD is the surviving company, but Gaslog Partners preferreds remain outstanding. Gaslog LTD had previously done a ‘take private’ deal and thus is not publicly traded.

This issue will trade with 3 month SOFR + .2616% replacing LIBOR. So 3 month SOFR + .2616 will be added to a spread of 5.839%