Teekay Offshore Partners LP 8.50% Series B Cumulative Redeemable Preferred Units

Date Issued   4/14/2015

Shares Issued  5,000,000  Overallotment Shares  750,000

S&P Rating  NR   Moodys Rating  NR

Security Ticker Symbol   TOO-B     Temp OTC Ticker  TKOPF

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of February, May, August and November beginning on 8/15/2015

Quarterly Dividend   .531   Annual Dividend   2.125

Securities may be redeemed, at the issuers option, as early as 04/20/2020 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be Qualified Distributions

Maturity Date   None
 
Company Investor Relations Page for Teekay Offshore

Below you can find the offering Prospectus and Final Pricing Document

NOTE Teekay Offshore issues 1099’s (not K-1’s)