Press Release-Teekay LNG Partners Intends to Acquire 50 Percent Interest in Two LNG Carriers-

摘要

Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that it has reached an agreement in principle to acquire a 50 percent interest in two liquefied natural gas (LNG) carriers owned by Belgiumbased shipping group Exmar NV (EXM:BB) for an equity purchase price of approximately $70 million (including approximately $7 million of working capital and other cash assets) plus the assumption of approximately $100 million in pro rata debt secured by these vessels. Exmar will retain a 50 percent ownership interest and continue to operate the two vessels.