Teekay LNG Partners Mandates Banks to Arrange Fixed Income Investor Call
August 18 2020 - 4:00AM
Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP)
mandates DNB Markets and Nordea as Global Coordinators and Joint
Bookrunners; Credit Agricole Corporate and Investment Bank,
Danske Bank, SEB, Swedbank and Arctic Securities as Joint
Bookrunners to arrange a Fixed Income Investor Call on August 19,
2020. Subject to inter alia market conditions, a NOK denominated
senior unsecured bond issue with a five-year tenor may follow.
A portion of the bonds may be offered in the
United States to qualified institutional investors (or QIBs)
as defined in Rule 144A of the U.S. Securities Act of 1933 (the
Securities Act) concurrently with bonds offered outside of the
United States pursuant to Regulation S of the Securities Act.
This press release is neither an offer to sell
nor a solicitation of an offer to buy any of the bonds or any other
security of Teekay LNG. The bonds have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
Securities Act), or any state securities laws. Unless so
registered, the bonds may not be offered or sold in the United
States except pursuant to an exemption from the registration
requirements of the Securities Act and applicable state securities
laws.
The statements in this press release that are
not historical facts may be forward-looking statements, and involve
risks and uncertainties that could cause the outcome to be
materially different. Teekay LNG undertakes no obligation to revise
or update any forward looking statements, unless required to do so
under applicable securities laws.
About Teekay LNG
Teekay LNG is one of the world’s largest
independent owners and operators of LNG carriers, providing LNG and
LPG services primarily under long-term, fee-based charter contracts
through its interests in 47 LNG carriers, 23 mid-size LPG carriers,
and seven multi-gas carriers. Teekay LNG’s ownership interests in
these vessels range from 20 to 100 percent. In addition, Teekay LNG
owns a 30 percent interest in a regasification terminal. Teekay LNG
is a publicly-traded master limited partnership formed by Teekay
Corporation (NYSE: TK) as part of its strategy to expand its
operations in the LNG and LPG shipping sectors.
Teekay LNG’s common units and preferred units
trade on the New York Stock Exchange under the symbols “TGP”, “TGP
PR A” and “TGP PR B”, respectively.
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com
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