It islooking to haul in $150m from the sale of six million preferred shares at $25 apop, it tells investors.

This is morethan $140m it was thought to be hunting yesterday when the issue first hit thetape.

It explains the funds from its latest call on investorswill be used to aid acquisitions, dropdowns from parent Teekay Corp and therepayment of debt under two of its credit facilities.

The