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Terms Disclosed – Teekay Acquires FPSOs and Invests for the Long-term

On Tuesday, Sevan Marine ASA and Teekay Corporation announced the terms of the previously disclosed acquisition of three FPSOs from Sevan , which received the blessing of two-thirds of the holders of each of Sevan’s bond loans, and the proposed equity investment in the recapitalized Sevan.

This is only an excerpt of Terms Disclosed – Teekay Acquires FPSOs and Invests for the Long-term

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