Item 7.01 Regulation FD Disclosure.

On January 4, 2022, Dorian LPG Ltd. (the "Company") issued a press release (the "Press Release") announcing that its Board of Directors has declared a dividend of $1.00 per share of the Company's common stock. The dividend is payable on or about January 25, 2022 to all shareholders of record as of the close of business on January 14, 2022.

This is an irregular dividend. Future declarations of dividends are subject to the determination and discretion of the Company's Board of Directors based on its consideration of various factors, including the Company's results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, its business prospects and other factors that the Company's Board of Directors may deem relevant.

A copy of the Press Release is furnished herewith as Exhibit 99.1 and incorporated into this Item 7.01 by reference.

In accordance with General Instruction B.2 to Form 8-K, the information under this Item 7.01 and the Press Release shall be deemed to be "furnished" to the SEC and not be deemed to be "filed" with the SEC for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.




Item 8.01Other Events.

On January 4, 2022, the Company also announced that on December 29, 2021 it completed the refinancing of its indebtedness secured by the Constellation and the Commander through a new loan facility led by Banc of America Leasing and Capital, Pacific Western Bank, Raymond James Bank, and City National Bank of Florida. The financing has a 3.78% fixed interest rate, a term of 5 years, and a face amount of $83.4 million. The Company received $33.9 million of cash proceeds after repayment of debt and fees and expenses related to the refinancing transaction.

Item 9.01. Financial Statements and Exhibits





(d)Exhibits




 Exhibit Number                                Description
      99.1                         Press Release dated January 4, 2022
       104                Cover Page Interactive Data File (embedded within the
                                          Inline XBRL document)















Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

January 4, 2022     DORIAN LPG LTD.
                    (registrant)

                By: /s/ Theodore B. Young
                    Theodore B. Young
                    Chief Financial Officer

© Edgar Online, source Glimpses