Teekay Offshore's shares jumped Friday after the company announced a $200m cash injection that was the centrepiece of a closely-watched package of financing initiatives.
The Teekay spinoff's shares gained have gained by 20.7% so far, bringing them to $5.49 in early afternoon trading on the New York Stock Exchange.
TradeWinds reported earlier today that the Peter Evensen-led owner f tankers, offshore vessels and floating production and storage units firmed up a private placement of preferred shares and common shares.
The
