Teekay LNG considers Norwegian bond issuance

Published by David Rowlands, Editor
LNG Industry, Tuesday, 18 October 2016 09:45

Teekay LNG Partners L.P. – an LNG carrier owner and operator –has announced that it intends to issue new five-year unsecured bonds in the Norwegian bond market.

It is expected that the net proceeds from the bonds will be used for refinancing NOK bonds maturing in May 2017 and general partnership purposes, such as funding newbuilding instalments. The company expects to apply for listing of the bonds on the Oslo Stock Exchange.

Teekay claims that some of the bonds may be offered in the US to qualified institutional investors (QIBs), as defined in Rule 144A of the US Securities Act of 1993 concurrently with bonds offered outside of the US pursuant to Regulation S of the Securities Act.

The company claims that Swedbank Norway, Nordea Markets, DNB Markets and Danske Bank Markets have all been appointed as joint lead managers of the contemplated bond issuance.

Read the article online at: https://www.lngindustry.com/lng-shipping/18102016/teekay-lng-considers-norwegian-bond-issuance/

EIA: US exports of LNG to the Caribbean near record highs in 2025

Monday 23 March 2026 09:00

The US exported approximately 0.3 billion ft3/d of LNG to destinations in the Caribbean in 2025, according to the U.S. Department of Energy’s LNG Exports and Re-Exports Details.

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