GasLog Files Shelf Registration Statement with U.S. SEC

GasLog Files Shelf Registration Statement with SEC

GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, announced that it has filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC).

The shelf registration statement, when declared effective by the SEC, will give GasLog the ability to offer and sell up to $500,000,000 of its securities consisting of common shares, preference shares, debt securities, warrants, rights and units. After the shelf registration statement becomes effective, GasLog may offer and sell such securities from time to time and through one or more methods of distribution, subject to market conditions and GasLog’s capital needs. The shelf registration statement will also cover the sale from time to time of up to 36,717,774 common shares by certain of GasLog’s existing shareholders, which may include Blenheim Holdings Ltd. following the expiration of certain existing restrictions on October 4, 2013. The terms of any offering under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.

In connection with the shelf registration statement, the shareholders approved an amendment to GasLog’s Bye-laws authorizing the Board of Directors to designate from time to time one or more series of preference shares.

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LNG World News Staff, May 24, 2013