Teekay Corp is plotting a raft of measures to bolster its balance sheet with debt refinancing, asset sales and a fresh equity issue, backed by the estate of founder Torben Karlshoej, all on the agenda.
Three separate loans worth over $300m could be redrawn, along with the sale of a 50% stake in three tugs serving the Prelude FLNG facility to Shell and a $100m shares sale.
