Teekay Offshore Partners LP 8.50% Series B Cumulative Redeemable Preferred Units
By: Tim McPartland,
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)
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