Teekay Offshore Partners LP - 2013-04-23

Description

Priced its public offering of 6 million series A preferred units at $25 per unit. Net proceeds will be used for general partnership purposes, including the funding of newbuilding installments, capital conversion projects, and the acquisitions of vessels. BofA Merrill Lynch, Morgan Stanley, and UBS Investment Bank are joint book-running managers.

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Estimated Price
$150.0MM
Financing Type
Report Date