Dynagas LNG Partners LP Announces Optional Partial Redemption of 9.00% Series A Cumulative Redeemable Preferred Units

ATHENS, Greece, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: DLNG) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that it has issued a notice of partial redemption to the holders of its issued and outstanding 9.00% Series A Cumulative Redeemable Preferred Units (NYSE: DLNG PRA) (CUSIP Y2188B116 / ISIN MHY2188B1166) (the “Series A Preferred Units”), notifying such holders that the Partnership has elected to exercise its option to redeem 2,000,000 of the 3,000,000 issued and outstanding Series A Preferred Units, on November 12, 2026 (the “Redemption Date” and such redemption, the “Partial Redemption”).

After the Partial Redemption, the Series A Preferred Units being redeemed in connection with the Partial Redemption will no longer be outstanding and all rights with respect to such units will terminate, except the right of such holders to receive the Redemption Price (as defined below). The 1,000,000 Series A Preferred Units not redeemed in connection with the Partial Redemption shall remain outstanding and subject to all the rights and preferences provided in the Partnership’s Fourth Amended and Restated Agreement of Limited Partnership (the “Partnership Agreement”).