Nasdaq-listedDLNG on Thursday said it has entered into an agreement to acquire the 154,800-cbmArctic Aurora (built 2013) from Dynagas Holding, the partnership’s sponsor, for$235m.
In a statementthe Athens-based operator indicated it will finance the transaction with cashfrom a public offering and borrowings under a new $340m senior securedrevolving credit facility.
The company believesthe Arctic Aurora will generate gross revenues of roughly $28.3mper