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Teekay LNG plans $115m Norwegian bond issue

Teekay LNG plans $115m Norwegian bond issue
Teekay LNG Partners is planning a NOK700m ($115m) bond issue on the Norwegian market.

Teekay LNG said the proposed senior unsecured bond issue on the Norwegian bond market would have a maturity date of September 2018. The proceeds would be used for general purposes and the company expects to apply to list the bonds on the Oslo Stock Exchange.

DNB Markets, Nordea Markets and Swedbank First Securities have been appointed as joint lead managers for the planned bond issue.

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