Company: DLNG
Filing Date: 2025-09-09
Form Type: 6-K
Source: 0001317861-25-000049
Chunk: 2

Company: Dynagas LNG Partners LP
Filing Date: 2025-09-09
Form: 6-K
Chunk 2
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 at an average gross price of $3.54 per common unit. As of the date of this release, we have 36,530,944 common units outstanding and $9.0 million of remaining capacity under the Repurchase Program; and · On May 27, 2025, the Partnership elected to exercise its option to redeem, in full, 2,200,000 Series B Preferred Units, representing all of the Series B Preferred Units that were then issued and outstanding. Please see “Full Redemption of Series B Preferred Units” below. Recent Events: · Declared a quarterly cash distribution of $0.5625 on the Partnership’s Series A Preferred Units for the period from May 12, 2025 to August 11, 2025, which was paid on August 12, 2025, to all Series A Preferred unitholders of record as of August 5, 2025; · On July 25, 2025, the Partnership redeemed, in full, 2,200,000 Series B Preferred Units, representing all of the Series B Preferred Units that were then issued and outstanding. Please see “Full Redemption of Series B Preferred Units” below; and · Declared a quarterly cash distribution of $0.049 per common unit for the quarter ended June 30, 2025, which was paid on August 29, 2025, to all common unitholders of record as of August 25, 2025. Full Redemption of Series B Preferred Units On May 27, 2025, the Partnership issued, a notice of full redemption to the holders of its 8.75% Series B Fixed to Floating Rate Cumulative Redeemable Perpetual Preferred Units (NYSE: DLNG PRB) (CUSIP No. Y2188B124) (the “Series B Preferred Units”), notifying such holders that the Partnership has elected to exercise its option to redeem all of the issued and outstanding Series B Preferred Units on July 25, 2025 (the “Redemption Date” and such redemption, the “Redemption”). On July 25, 2025 the Partnership redeemed all of the issued and outstanding Series B Preferred Units. The redemption price was equal to $25.00 per redeemed Series B Preferred Unit, plus an amount of $0.45258267, equal to all accumulated and unpaid distributions thereon to the Redemption Date, whether or not declared, which was paid in cash on the Redemption Date. CEO Commentary: We are pleased