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HomeMaritime NewsRegionsAmericasHöegh LNG sends MLP registration to SEC

Höegh LNG sends MLP registration to SEC

Höegh LNG sends MLP registration to SEC
Höegh LNG Partners has submitted its initial registration statement for a master limited partnership (MLP) to the US Securities and Exchange Commission (SEC).

Largely limited to companies in the energy industries, MLPs avoid US corporate income tax while enjoying the liquidity of public trading.

If the registration of Höegh LNG Partners LP is granted, an initial public offering (IPO) of the MLP's shares will follow.

It is expected that once the IPO is complete the MLP will own Höegh LNG's interests in three floating storage and regasification (FSR) units.

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