Business Context and Reporting Period
This Form 6-K filing by Capital Product Partners L.P. (noted as Capital Clean Energy Carriers Corp. in metadata) was submitted on March 14, 2019. The registrant is a foreign private issuer based in Piraeus, Greece, and files annual reports on Form 20-F.
Key Financial Metrics
The filing discloses specific debt metrics related to a senior secured term loan facility:
- Total Facility Size: Originally up to US$460,000,000.
- Outstanding Principal: US$374,792,684.34 as of the amendment date.
- Lenders: Includes Hamburg Commercial Bank AG, ING Bank N.V., BNP Paribas, and National Bank of Greece S.A.
The filing text does not provide clear values for revenue, profit, cash flow, margins, or liquidity ratios.
Material Changes
The primary material change reported is the execution of a Deed of Amendment and Restatement dated March 8, 2019. This document modifies the terms of the existing senior secured term loan facility between the borrower, owners, and lenders.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, or specific risk factors beyond the context of the debt amendment. The document serves primarily to disclose the amendment to the credit facility and incorporates the report by reference into the registrant's Registration Statement on Form F-3.
Investor Verification Checklist
- Verify the specific terms and conditions of the Deed of Amendment and Restatement attached as Exhibit I.
- Confirm the current interest rate and maturity schedule for the US$374.8 million outstanding principal.
- Review the full Registration Statement on Form F-3 (File No. 333-210394) for broader financial context.
- Clarify the relationship between the registrant "Capital Product Partners L.P." and the metadata name "Capital Clean Energy Carriers Corp."