Teekay Offshore Completes Public Offering Of 7.125% Senior Unsecured Bonds, Due 2022 For US$250 Million

Published: Aug 02 2017
Deal Summary

Teekay Offshore Partners L.P., a provider of marine transportation, oil production & storage services to the offshore oil industry, through its wholly-owned subsidiary Teekay Shuttle Tanker LLC, completed the public offering of 7.125% senior unsecured bonds, due August 2022, for gross proceeds of US$250 million.

DNB Markets, Inc., Danske Bank Markets, Nordea Bank Danmark A/S, and Swedbank AB acted as underwriters to the company for the offering.

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