Teekay LNG Partners is continuing its fundraising efforts with a call on the Norwegian bond market.
New York-listed Teekay LNG says it will use cash from the five-year bond to refinance bond debt due in May 2017 and fund newbuildings.
Teekay LNG has yet to put a figure on the planned bond purse.
It is working with Danske Bank Markets, DNB Markets, Nordea Markets and Swedbank on the issue, which comes just a few weeks after a $125m preferred stock issue in the US.
