Teekay LNG Partners Declares Distribution on Series A Preferred Units
September 14 2017 - 4:10PM
Teekay GP LLC, the general partner of Teekay LNG Partners L.P.
(Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash
distribution of $0.5625 per unit on the Partnership’s Series A
preferred units (NYSE:TGP PR A) for the period from July 1, 2017 to
September 30, 2017. The cash distribution is payable on October 16,
2017 to all unitholders of record as at September 29, 2017.
About Teekay LNG
Teekay LNG Partners is one of the world's
largest independent owners and operators of LNG carriers, providing
LNG, LPG and crude oil marine transportation services primarily
under long-term, fixed-rate charter contracts through its interests
in 50 LNG carriers (including 18 newbuildings), 30 LPG/Multigas
carriers (including three newbuildings) and five conventional
tankers. The Partnership's interests in these vessels range from 20
to 100 percent. In addition, the Partnership owns a 30 percent
interest in a regasification facility, which is currently under
construction. Teekay LNG Partners L.P. is a publicly-traded master
limited partnership (MLP) formed by Teekay Corporation (NYSE:TK) as
part of its strategy to expand its operations in the LNG and LPG
shipping sectors.
Teekay LNG Partners’ common units and preferred
units trade on the New York Stock Exchange under the symbol “TGP”
and “TGP PR A”, respectively.
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-6442Website: www.teekay.com
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