Höegh LNG Partners LP is offering 9.6m units, representing 36.5% of the limited partnership, with the underwriters granted a 30-day option for a further 1.44m units.
The MLP’s initial fleet comprises 50% interest in the FSRUs GDF Suez Neptune and GDF Suez Cape Ann, as well as a 100% interest in PGN FSRU Lampung.
Citigroup, BofA Merrill Lynch, Morgan Stanley, Barclays and UBS Investment Bank are acting as the joint book-running managers for the offering. DNB Markets, Credit Agricole CIB and RS Platou Markets are acting as co-managers.
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