Hoegh LNG Partners Preferred Units: Still Solid Despite Increased Cash Distributions To Parent - Buy

  • Höegh LNG Partners financial results continue to benefit from profitable long-term contracts for its FSRU fleet. Distributions to preferred unitholders represent only a small part of the company's free cash flow. Over the past six months, parent Höegh Evi has extracted more than $100 million in cash from the partnership.