The facts in this briefing are sourced from an SEC EDGAR Form 6-K filed and published on April 6, 2023. The transaction's current status is pending regulatory review.
Financial advisory roles reflect the conflicts committee structure typical of MLP take-private transactions. Evercore is acting as financial advisor to the Conflicts Committee, representing the target's public unitholders, in a lead role. DNB Markets Inc. is acting as financial advisor to GasLog, the acquirer, also in a lead capacity.
Legal counsel follows the same split. Richard, Layton & Finger, P.A. is acting as legal counsel to the Conflicts Committee. Cravath, Swaine & Moore LLP, together with Cozen O'Connor (Marshall Islands), is acting as legal counsel to GasLog, the acquirer, the Marshall Islands counsel reflecting GasLog's offshore corporate domicile.
The facts block confirms this is structured as a cash take-private of the publicly held units of GasLog Partners LP, but does not specify the per-unit purchase price or the percentage of publicly held units being acquired.
Several material facts remain undisclosed. The transaction's dollar value is explicitly stated as not disclosed in the source document. No expected closing date is given, and the per-unit purchase price is not specified in the available facts.