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Terms Disclosed – Teekay Acquires FPSOs and Invests for the Long-term
On Tuesday, Sevan Marine ASA and Teekay Corporation announced the terms of the previously disclosed acquisition of three FPSOs from Sevan , which received the blessing of two-thirds of the holders of each of Sevan’s bond loans, and the proposed equity investment in the recapitalized Sevan.
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Written by: marinemoney | Categories: Freshly Minted, The Week in Review | October 20th, 2011 |
Tags: · E.On, Sevan Marine ASA, Teekay Corporation, Teekay Offshore Partners L.P.
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