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GasLog Ltd (GLOG.N)

GLOG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

GasLog qtrly loss/share $0.12‍​
Thursday, 3 Aug 2017 10:29am EDT 

Aug 3 (Reuters) - GasLog Ltd ::GasLog Ltd qtrly loss per share $0.12‍​.Says qtrly revenues $114.5 million versus $129.9 million.Qtrly adjusted loss per share $0.03‍​.Q2 earnings per share view $0.00, revenue view $128.1 million -- Thomson Reuters I/B/E/S.Says contracted charter revenues estimated to increase to $486.8 million for fiscal year 2019 from $444.5 million for fiscal year 2016.Says with increased dropdown activity, improving spot rates, growing fleet, amortising debt, expect leverage to continue to fall through 2017, beyond‍​.  Full Article

GasLog Partners announces acquisition of Gaslog Geneva from Gaslog Ltd
Thursday, 1 Jun 2017 06:51am EDT 

June 1 (Reuters) - GasLog Partners LP :GasLog Partners LP announces acquisition of GasLog geneva from Gaslog Ltd for $211 million.GasLog Partners LP - Gaslog Partners expects to finance acquisition with cash on hand​.GasLog Partners LP says expects to finance acquisition with cash on hand, including proceeds from its recent preference unit offering.GasLog Partners LP - deal to support gaslog partners' guidance to grow unitholder distributions at a 10% to 15% compound annual rate from IPO through 2017​.GasLog Partners LP - partnership intends to recommend an annualized distribution of greater than $2.09 per unit by q4 of 2017.GasLog Partners LP - ‍partnership believes that acquisition will be immediately accretive to unitholder distributions.GasLog Partners LP - board of Gaslog, Gaslog Partners and conflicts committee of board have approved acquisition.GasLog Partners LP - ‍gaslog Partners estimates that Gaslog Geneva will add approximately $23 million to EBITDA in first 12 months after deal closing.​.GasLog Partners LP -based on partnership's distribution growth guidance, Gaslog's annualized distributions received from co are expected to equal about $26 million by q4.  Full Article

GasLog Q1 earnings per share $0.08
Friday, 5 May 2017 07:01am EDT 

May 5 (Reuters) - GasLog Ltd :GasLog ltd. Reports financial results for the quarter ended march 31, 2017.Quarterly revenue $128.3 million versus $104.4 million.Quarterly adjusted earnings per share $0.06.Quarterly earnings per share $0.08.Q1 earnings per share view $0.05, revenue view $129.0 million -- Thomson Reuters I/B/E/S.  Full Article

GasLog Partners LP announces acquisition of GasLog Greece from GasLog Ltd for $219 million
Thursday, 23 Mar 2017 04:05pm EDT 

GasLog Partners LP : GasLog Partners LP announces acquisition of GasLog Greece from GasLog Ltd. for $219 million . GasLog Partners LP - Expects to finance acquisition with cash on hand, including proceeds from its recent equity offering . GasLog Partners LP - Acquisition will be supportive of GasLog Partners' guidance to grow unitholder distributions at a 10% to 15% compound annual rate . GasLog Partners - Partnership affirms this growth guidance, which would result in an annualized distribution of $2.09 per unit or higher by Q4 of 2017 . GasLog Partners LP - Partnership believes acquisition will be immediately accretive to unitholder distributions . GasLog Partners LP - GasLog's annualized distributions received from GasLog Partners are expected to equal about $25 million or higher by Q4 of 2017 . GasLog Partners - Estimates , assuming full utilization, GasLog Greece will add approximately $24 million to EBITDA in first 12 months after deal closing .GasLog Partners-Estimates , assuming full utilization, GasLog Greece will add $13 million to distributable cash flow in first 12 months after deal closing.  Full Article

Gaslog announces public offering of senior notes due 2024
Monday, 13 Mar 2017 08:01am EDT 

Gaslog Ltd : Announces public offering of senior notes due 2024 . Plans to offer $250 million aggregate principal amount of senior unsecured notes due 2024 .Plans to use net proceeds from offering for repayment of debt.  Full Article

Gaslog posts Q4 earnings per share of $0.36
Friday, 17 Feb 2017 09:08am EST 

Gaslog Ltd : Q4 adjusted earnings per share $0.02 (not $0.00) . Gaslog ltd. Reports financial results for the quarter and the year ended december 31, 2016 . Quarterly revenue $126.5 million . Q4 earnings per share $0.36 . Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S .Expect to drop down another vessel into gaslog partners in first half of 2017.  Full Article

GasLog ltd Signs an agreement for an FSRU project with Gastrade
Thursday, 22 Dec 2016 07:04am EST 

GasLog ltd : GasLog ltd signs an agreement for an FSRU project with Gastrade . GasLog ltd says its unit has entered into a sale and purchase agreement to acquire 20% shareholding in Gastrade S.A. . GasLog ltd says front-end engineering and design study is expected to be part-funded by an EU grant, and is scheduled to commence in early 2017 .GasLog ltd says targets to take final investment decision by end of 2017 with FSRU scheduled to be operational by end of 2019.  Full Article

Gaslog announces $1.05 bln financing facility
Monday, 20 Jun 2016 07:10am EDT 

Gaslog Ltd : $1.05 billion legacy facility re-financing re-finances $960 million of bank debt across six legacy facilities . $1.05 billion legacy facility re-financing includes a $100 million revolving credit facility . $1.05 billion legacy facility re-financing includes tenor of 5 years extends maturity of existing facilities to 2021 .Gaslog ltd. : announces $1.05 billion financing facility for six legacy vessel facilities.  Full Article

Gaslog completes issuance of NOK 750 mln of new senior unsecured bonds in Norwegian bond market
Tuesday, 14 Jun 2016 10:26am EDT 

Gaslog Ltd : Completed issuance of NOK 750 million (equivalent to about usd 90 million) of new senior unsecured bonds in Norwegian bond market . Bonds will mature in May 2021 and will have a coupon of 6.9% over 3 month nibor .Proceeds from issuance will be used to partly refinance company's existing bonds maturing in June 2018.  Full Article

GasLog Q1 loss per share $0.23
Friday, 6 May 2016 06:59am EDT 

Gaslog Ltd : GasLog Ltd. Reports financial results for the quarter ended march 31, 2016 . Quarterly adjusted earnings per share $0.13 . Quarterly revenue $104.4 million versus $97.3 million . Qtrly loss per share $0.23 .Q1 earnings per share view $-0.04, revenue view $105.4 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-GasLog qtrly loss/share $0.12‍​

* Q2 earnings per share view $0.00, revenue view $128.1 million -- Thomson Reuters I/B/E/S