Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Teekay LNG aims to raise $102m in bond sale

The gas shipping unit of Teekay will swap the oversubscribed issuance into a US dollar fixed-rate coupon of 7.89%. The proceeds will be used to refinance existing bonds and for other general corporate purposes

The MLP’s fundraising comes after cash reserves fell to $177.1m at end-June from $244.2m at end-December amid newbuilding deliveries

Advertisement

Related Content

Topics

Advertisement
UsernamePublicRestriction

Register

LL1123962

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel