Teekay LNG Partners Declares Distributions on Series A and B Preferred Units
March 16 2018 - 4:46PM
Teekay GP LLC, the general partner of Teekay LNG Partners L.P.
(Teekay LNG or the Partnership) (NYSE:TGP), has declared cash
distributions of $0.5625 per unit on the Partnership’s Series A
preferred units (NYSE:TGP PR A) and $0.5313 per unit on the
Partnership’s Series B preferred units (NYSE:TGP PR B) for the
period from January 1, 2018 to March 31, 2018. The cash
distributions are payable on April 16, 2018 to all unitholders of
record as at March 29, 2018.
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 49 LNG carriers (including 12 newbuildings), 29 LPG/Multigas
carriers (including two newbuildings) and four conventional
tankers. The Partnership’s interests in these vessels range from 20
to 100 percent. 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”,
“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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