Teekay LNG Partners finalised funding for a pair of newbuildings as it reported a slip in fourth quarter profitability today.
The MLP says a 10-year loan running to $360m has been signed for its two MEGI LNG newbuildings.
Both of the ships, the first of which has begun sea trials, have long term contracts with Cheniere Energy in place.
The loan was disclosed as Teekay LNG reported adjusted fourth quarter profit of $39.5m,
