Höegh LNG Partners LP Cash Distributions for the Fourth Quarter 2021

Höegh LNG Partners LP (NYSE: HMLP) announced a quarterly cash distribution of $0.01 per unit for common units, payable on February 15, 2022.

Rhea-AI Summary

Höegh LNG Partners LP (NYSE: HMLP) announced a quarterly cash distribution of $0.01 per unit for common units, payable on February 15, 2022. This distribution is for the quarter ended December 31, 2021, with a record date of January 27, 2022. Additionally, a cash distribution of $0.546875 per 8.75% Series A preferred unit will also be made on the same payment date. The record date for preferred unitholders is February 8, 2022.

Positive

• Declared cash distribution of $0.01 per common unit for Q4 2021.
• Declared cash distribution of $0.546875 per Series A preferred unit.

Negative

• None.

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HAMILTON, Bermuda, Jan. 13, 2022 /PRNewswire/ -- Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended December 31, 2021 of $0.01 per unit for the common units. The cash distribution for the common units will be paid on February 15, 2022 to all common unitholders of record as of the close of the business on January 27, 2022.

The Partnership also announced that the Board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be paid on February 15, 2022 to all 8.75% Series A preferred unitholders of record as of the close of the business on February 8, 2022.

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. Factors that can affect future results are discussed in the registration statement filed by Höegh LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is available via the SEC's web site at www.sec.gov. Höegh LNG Partners LP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Contact:

The IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438

Source: Hoegh LNG Partners LP

View original content:https://www.prnewswire.com/news-releases/hoegh-lng-partners-lp-cash-distributions-for-the-fourth-quarter-2021-301460887.html

SOURCE Hoegh LNG Partners LP

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the cash distribution for common units of HMLP?

The cash distribution for common units of Höegh LNG Partners LP (HMLP) is $0.01 per unit for the quarter ended December 31, 2021.

When will the cash distributions for HMLP be paid?

The cash distributions for HMLP will be paid on February 15, 2022.

What is the record date for the common unit distribution of HMLP?

The record date for the common unit distribution of HMLP is January 27, 2022.

What amount is declared for Series A preferred units of HMLP?

The amount declared for the 8.75% Series A preferred units of HMLP is $0.546875.

When is the record date for the Series A preferred units of HMLP?

The record date for the Series A preferred units of HMLP is February 8, 2022.