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	<title>Marine Money Archives &#187; Teekay LNG Partners</title>
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		<title>Speaking of Yield – Teekay LNG’s Investors Pick Up Some MoreSpeaking of Yield – Teekay LNG’s Investors Pick Up Some More</title>
		<link>http://www.marine-money.com/archive/speaking-of-yield-%e2%80%93-teekay-lng%e2%80%99s-investors-pick-up-some-morespeaking-of-yield-%e2%80%93-teekay-lng%e2%80%99s-investors-pick-up-some-more</link>
		<comments>http://www.marine-money.com/archive/speaking-of-yield-%e2%80%93-teekay-lng%e2%80%99s-investors-pick-up-some-morespeaking-of-yield-%e2%80%93-teekay-lng%e2%80%99s-investors-pick-up-some-more#comments</comments>
		<pubDate>Thu, 07 Oct 2010 14:59:22 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[The Week in Review]]></category>
		<category><![CDATA[Excelerate Energy LP]]></category>
		<category><![CDATA[Exmar]]></category>
		<category><![CDATA[Teekay LNG Partners]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=9681</guid>
		<description><![CDATA[Teekay LNG Partners announced today that it had reached an agreement to acquire a 50% interest in two LNG carriers owned by Exmar for an equity purchase price of approximately $70 million, which includes approximately $7 million of working capital and other cash assets plus the assumption of $100 million in pro rata debt secured by the vessels. Exmar will retain its original 50% and continue to manage and operate the vessels. The consideration for the transaction will consist of $35 million in cash, which will be financed by drawing down on one of the partnership’s existing revolvers and the issuance of approximately 1,050,000 partnership units to Exmar ($34.5 million based upon yesterday’s closing price of $32.87).]]></description>
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		<title>Teekay LNG goes to the Shelf</title>
		<link>http://www.marine-money.com/archive/teekay-lng-goes-to-the-shelf</link>
		<comments>http://www.marine-money.com/archive/teekay-lng-goes-to-the-shelf#comments</comments>
		<pubDate>Thu, 19 Nov 2009 15:13:13 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[The Week in Review]]></category>
		<category><![CDATA[Citi]]></category>
		<category><![CDATA[RBC Capital]]></category>
		<category><![CDATA[Scotia Capital]]></category>
		<category><![CDATA[Teekay LNG Partners]]></category>
		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=7658</guid>
		<description><![CDATA[Having filed its F-3 shelf registration on October 20th (effective on the 29th), Teekay LNG Partners wasted no time and announced on Monday the offering of 3.5 million common units with a green shoe of a further 525,000 shares. On Tuesday the company announced that the shares were priced at $24.40, which is a discount of about 5% to Monday’s close at $25.67 just before the announcement.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deleveraging</title>
		<link>http://www.marine-money.com/archive/deleveraging-2</link>
		<comments>http://www.marine-money.com/archive/deleveraging-2#comments</comments>
		<pubDate>Thu, 26 Mar 2009 14:50:16 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[The Week in Review]]></category>
		<category><![CDATA[Citi]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[Teekay LNG Partners]]></category>
		<category><![CDATA[UBS Investment Bank]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=5331</guid>
		<description><![CDATA[<strong>Teekay LNG Partners</strong> announced on Tuesday that it plans to offer 4 million common units in a public offering led by <strong>Citi, Morgan Stanley</strong> and <strong>UBS Investment Bank</strong>. Underwriters will be granted the option for another 600 thousand shares to cover over-allotments. Interestingly the proceeds of the offering are not to be used to cover capex but instead to repay amounts outstanding under one of its revolvers, which amounts may subsequently be re-borrowed. The shares were priced yesterday at $17.60, a premium of $0.10 over Tuesday’s closing price. Gross proceeds, including the over-allotment, will approximate $81 million]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bergesen Back to Oslo Stock Exchange</title>
		<link>http://www.marine-money.com/archive/bergesen-back-to-oslo-stock-exchange</link>
		<comments>http://www.marine-money.com/archive/bergesen-back-to-oslo-stock-exchange#comments</comments>
		<pubDate>Thu, 23 Jun 2005 20:24:17 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Equity]]></category>
		<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[Carnegie]]></category>
		<category><![CDATA[Jan Haakon Pettersen]]></category>
		<category><![CDATA[Teekay LNG Partners]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[Worldwide Shipping]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=8395</guid>
		<description><![CDATA[Worldwide Shipping has mandated UBS and Carnegie to manage the planned flotation of 50% of their LNG/LPG assets in a listing on the Oslo Stock Exchange. The company will own 20 LNG vessels and is expected to use the Teekay LNG Partners MLP structure. The new company is to be managed out of Norway by CEO Jan Haakon Pettersen.
]]></description>
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		<slash:comments>0</slash:comments>
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