Teekay LNG Partners has sold 700 kroner (US$120 million) in bonds on the Norwegian financial markets.
The shipowner, a spin-off of Canada’s Teekay, plans to list the senior unsecured bonds on the Oslo Stock Exchange.
The company said it plans to use proceeds for general corporate purposes.
Pareto Securities acted as lead manager of the offering, with Swedbank First Securities brought in as co-manager.
Teekay
