Capital product partners l.p. announces commencement of rights offering

Athens, greece, nov. 27, 2023 (globe newswire) -- capital product partners l.p. (the “partnership”, “cplp”, or “we”/ “us”) (nasdaq:cplp) today announced that it has commenced its previously announced rights offering to raise proceeds of up to $500,000,000. pursuant to the rights offering, cplp is distributing to each holder of common units representing limited partnership interests in cplp (the “common units”), for each common unit owned of record as of 5:00 p.m., new york city time, on november 24, 2023 (the “record date”), one non-transferable right to purchase 1.758657 common units at a subscription price of $14.25 per whole common unit (the “rights offering”). fractional common units resulting from the exercise of rights will be eliminated by rounding down to the nearest whole common unit.
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