Teekay LNG back for more bond cash

Teekay LNG Partners has tapped the Norwegian bond market for additional cash.

New York-listed Teekay LNG raised NOK 900m ($110m) from a bond sale last October and today returned for an extra NOK 300m.

In a statement this morning the MLP said the plan was to add the new bonds on to last year’s paper, which matures in October 2021. The issue was completed on Monday afternoon.