Teekay LNG Partners LP - 2011-04-05

Priced a follow-on public offering of 3.7 million common units, which represent limited partner interests, at $38.88 per unit. Net proceeds will be used to fund the equity purchase price of its acquisition from Teekay Corp. (NYSE: TK) of a 33% interest in four newbuild LNG carriers and to pay debt.

Joint book-running managers are UBS Investment Bank, Barclays Capital and J.P. Morgan. Co-managers are Goldman, Sachs & Co., Raymond James, ABN AMRO, Credit Agricole CIB, ING and Sunrise Securities Corp.