Teekay LNG Partners has bolstered its finances and chartering coverage in two developments announced late on Friday.
The US-listed company said it had refinanced its $225m senior unsecured revolver due in November, with a new two-year facility for the same amount.
The Mark Kremin-led shipowner said the new revolving credit facility has been priced consistent with the previous facility of Libor plus 140 bps.
