Invest Offshore

Tag: Teekay Offshore Partners

  • Teekay Offshore Partners IPO

    —

    by

    Aaron
    in

    NASSAU, The Bahamas–(BUSINESS WIRE)–Teekay Offshore Partners L.P. (the Partnership) (NYSE:TOO) today completed its initial public offering of 8,050,000 of its common units at a price of $21.00 per unit, including 1,050,000 units subject to the over-allotment option, which the underwriters exercised in full. Gross proceeds of the offering were $169,050,000. The Partnership used the net…