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Capital Product Partners L.P. Announces Fourth Quarter 2020 Financial Results, the Acquisition .
Capital Product Partners L.P.January 29, 2021 GMT
ATHENS, Greece, Jan. 29, 2021 (GLOBE NEWSWIRE) Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2020.
Highlights
$7.3 million
$0.38
Agreed to acquire three 5,100 TEU container vessels with five year employment for a total consideration of $40.5 million.
Operating Surplus1 and Operating Surplus after the quarterly allocation to the capital reserve for the fourth quarter of 2020 was $20.7 million and $11.4 million respectively.
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