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.
This is only an excerpt of Teekay LNG goes to the Shelf
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Tags: · Citi, RBC Capital, Scotia Capital, Teekay LNG Partners, UBS
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