Teekay LNG Partners LP - 2013-10-02
Description
Priced its follow-on public offering of 3 million common units with an over-allotment option at $42.62 per unit. Net proceeds will be used to fund its acquisition of a second LNG carrier newbuilding and for general partnership purposes. Citigroup, BofA Merrill Lynch, Credit Suisse, UBS Investment Bank, RBC Capital Markets, Raymond James, and Wells Fargo Securities are joint book-running managers. ABN AMRO, BNP PARIBAS, DNB Markets, DVB Capital Markets, ING, and Scotiabank are co-managers.