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Monaco - Mar. 30, 2015 GasLog Ltd. (“GasLog” or the “Company”) (NYSE:GLOG), an international owner, operator and manager of LNG Carriers, announced today that it plans to offer its Series A Cumulative Redeemable Perpetual Preference Shares, par value $0.01 per share, liquidation preference $25.00 per share (the “Series A Preference Shares”) in a public offering under its effective shelf registration statement. The Company intends to grant the underwriters a 30-day option to purchase additional Series A Preference Shares to cover overallotments, if any. The Company intends to file an application to list the Series A Preference Shares on the New York Stock Exchange. The Company plans to use the net proceeds from the offering for general corporate purposes, which may include making vessel acquisitions or investments. UBS Securities LLC, Morgan Stanley & Co. LLC and Stifel, Nicolaus & Company, Incorporated are acting as joint book-running managers of the offering. Credit Suisse Securities (USA) LLC is acting as joint lead manager. The offering is being made only by means of a prospectus supplement and accompanying base prospectus. When available, the prospectus supplement and accompanying base prospectus relating to the offering may be obtained from UBS Securities LLC, Attention: Prospectus Specialist, 299 Park Avenue, New York, New York, 10171, telephone: (888) 827-7275, Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, telephone: 1-866-718-1649, email: prospectus@morganstanley.com, or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, 1 South Street, 15th Floor, Baltimore, MD 21202, telephone: 1-855-300-7136, email: syndprospectus@stifel.com. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. About GasLog Ltd. GasLog is an international owner, operator and manager of liquefied natural gas (“LNG”) carriers. GasLog’s wholly owned fleet consists of 20 LNG carriers (including 11 ships in operation and 9 LNG carriers on order) and following the completion of the transaction announced on December 22, 2014, GasLog’s wholly owned fleet will consist of 22 LNG carriers. GasLog has 6 LNG carriers operating under its technical management for third parties and following the completion of the transaction announced on December 22, 2014, it will have 4 LNG carriers operating under its technical management for third parties. GasLog Partners LP, a master limited partnership formed by GasLog, owns a further five LNG carriers. GasLog’s principal executive offices are located at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco. 
GasLog Ltd. press release |
