Teekay LNG Partners L.P. Announces Entering Into an Equity Distribution Agreement With an Aggregate Offering Price of Up to $100 Million
(Thomson Reuters ONE) -
HAMILTON, BERMUDA--(Marketwired - May 22, 2013) - Teekay LNG Partners L.P.
(Teekay LNG or the Partnership) (NYSE: TGP) announced today that it has filed a
prospectus supplement with the Securities and Exchange Commission (SEC) through
which it may, from time to time, issue common units representing limited partner
interests with an aggregate offering price of up to $100 million through
Citigroup Global Markets Inc. (Citigroup) as sales agent.
Sales of common units, if any, will be made by means of ordinary brokers'
transactions on the New York Stock Exchange, in block transactions, or as
otherwise agreed to between Teekay LNG and Citigroup.
Teekay LNG is under no obligation to issue common units under the equity
distribution agreement. The Partnership intends to use the net proceeds from
sales under this program for general partnership purposes, which may include,
among other things, repaying or refinancing all or a portion of its outstanding
indebtedness and funding future working capital requirements, capital
expenditures or acquisitions.
The common units will be offered pursuant to a prospectus supplement, dated May
22, 2013, to the Partnership's base prospectus, dated May 6, 2013. Copies of the
prospectus supplement and accompanying base prospectus relating to the offering
may be obtained by visiting EDGAR on the SEC website at www.sec.gov, or by
contacting Citigroup as follows: Citigroup, Attn: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Phone: 800-831-9146.
In connection with the securities offered under the Registration Statement on
Form F-3 filed May 6, 2013, the Partnership may file on Form 6-K preliminary,
unaudited financial results for each of the four quarters of its fiscal year in
advance of its regular quarterly financial reports on Form 6-K, and its regular
year-end financial report, filed on Form 20-F.
This news release is neither an offer to sell nor a solicitation of an offer to
buy any of these securities and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
This offering may be made only by means of a prospectus supplement and
accompanying base prospectus.
The statements in this press release that are not historical facts may be
forward-looking statements. These forward-looking statements, which include
statements regarding the proposed offering of common units and the use of
proceeds from the proposed offering, involve risks and uncertainties that could
cause the outcomes or results to be materially different.
Contacts:
Teekay LNG Partners L.P.
Kent Alekson
Investor Relations
+1 (604) 609-6442
www.teekaylng.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Teekay LNG Partners L.P. via Thomson Reuters ONE
[HUG#1704005]
Unternehmensinformation / Kurzprofil:
Datum: 23.05.2013 - 04:13 Uhr
Sprache: Deutsch
News-ID 262767
Anzahl Zeichen: 3578
contact information:
Town:
Hamilton
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 181 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Teekay LNG Partners L.P. Announces Entering Into an Equity Distribution Agreement With an Aggregate Offering Price of Up to $100 Million"
steht unter der journalistisch-redaktionellen Verantwortung von
Teekay LNG Partners L.P. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
