Teekay Offshore is planning to pocket up to $120m from another trip to the Norwegian bond market.
New York-listed Teekay plans to float the five-year bond on the Oslo Stock Exchange if the fundraiser proves a success.
Teekay is coy about how the cash from the $80m to $120m issue will be put to work, saying only that it will be used for “general partnership purposes”.
DnB
