Stifel downgraded Teekay LNG Partners from Buy to Hold and set a new price target of $17.00 from $18.00 previously

B. Riley reiterated coverage of Teekay LNG Partners with a rating of Buy and set a new price target of $15.50 from $13.00 previously

Jefferies reiterated coverage of Teekay LNG Partners with a rating of Hold and set a new price target of $14.00 from $12.00 previously

HAMILTON, Bermuda, June 20, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from April 1, 2022 to June 30, 2022. The cash distributions are payable on July 15, 2022 to all unitholders of record as at June 30, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term,

Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Railtown Capital Corp. (TSXV:RLT) ("Railtown" or the "Company") and Selten Metal Corp. ("Selten Metal"), an arm's length private company incorporated under the laws of British Columbia, announced today that they have signed a non-binding letter of intent dated March 17, 2022 to effect a transaction that will result in a reverse takeover of Railtown by Selten Metal (the "Transaction"). Trading in the common shares of the Company (the "Common Shares") has been halted in accordance with the policies of the TSX Venture Exchange (the "TSXV") and will remain halted until such time as all required documentation has been filed with an

HAMILTON, Bermuda, March 17, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from January 1, 2022 to March 31, 2022. The cash distributions are payable on April 14, 2022 to all unitholders of record as at March 31, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term, fee-based charters

HAMILTON, Bermuda, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC (formerly known as Teekay LNG Partners L.P.) (Seapeak) announces the following organizational updates. Conversion and Renaming Effective on February 25, 2022, Teekay LNG Partners L.P. (TGP) has converted from a limited partnership formed under the laws of the Republic of the Marshall Islands into a limited liability company formed under the laws of the Republic of the Marshall Islands (the Conversion). Under Marshall Islands law, the Conversion is deemed to be a continuation of the existence of TGP (in its prior partnership form), but now in the form of a Marshall Islands limited liability company. Accordingly, all of t

HAMILTON, Bermuda, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (the Partnership) (NYSE:TGP) today announced that it completed the previously announced acquisition of the Partnership by investment vehicles managed by Stonepeak. All common units will convert into the right to receive $17.00 per common unit in cash, subject to deductions of applicable withholding tax. The common units, which trade on the New York Stock Exchange ("NYSE") under the ticker symbol "TGP", will be suspended from trading today and delist from the NYSE within 10 days. The Partnership's Series A and B preferred units, which trade on the NYSE under the ticker symbols "TGP PR A" and "TGP PR B", respecti

HAMILTON, Bermuda, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) announces the closing of the previously announced merger of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) with investment vehicles managed by Stonepeak (the Merger). As part of the Merger, Teekay sold all of its ownership interest in Teekay LNG, including approximately 36.0 million Teekay LNG common units, and Teekay GP L.L.C., Teekay LNG's general partner (equivalent to approximately 1.6 million Teekay LNG common units), for $17.00 per common unit or common unit equivalent in cash, and transferred various management services companies to Teekay LNG that provide the operations for Teekay LNG and c

HAMILTON, Bermuda, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) today announced that it has commenced a cash tender offer (the Tender Offer) to purchase any and all of its outstanding 5.0% Convertible Senior Notes due 2023 (the Notes). The Tender Offer will expire at 12:00 midnight, New York City time, on February 9, 2022 (one minute after 11:59 p.m., New York City time, on February 8, 2022), or any other date and time to which the Company extends the Tender Offer (such date and time, as it may be extended, the Expiration Time). The Tender Offer is made pursuant to an Offer to Purchase dated today, which sets forth the terms and conditions of the Tender Offe

HAMILTON, Bermuda, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnership's Series A preferred units (NYSE:TGP) and $0.5313 per unit on the Partnership's Series B preferred units (NYSE:TGP) for the period from October 1, 2021 to December 31, 2021. The cash distributions are payable on January 18, 2022 to all unitholders of record as at December 31, 2021. Teekay LNG's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Teekay LNG Teekay LNG is one of the world's largest independent owners and

HAMILTON, Bermuda, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that at a special meeting of common unitholders of the Partnership held on December 1, 2021, its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by Stonepeak Limestone Holdings LP (formerly known as Stonepeak Infrastructure Fund IV Cayman (AIV III) LP) (Stonepeak). In addition, Teekay LNG has received all required customer approvals to complete the merger. Upon closing of the merger, Teekay LNG's common unitholders will receive $17.00 per common unit in cash. The merger is currently anticipated to close in mid-Ja

HAMILTON, Bermuda, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it has priced NOK 1,000 million in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market. The new bond issuance, which was significantly oversubscribed, has an aggregate principal amount equivalent to approximately USD 116 million and all payments will be swapped into a U.S. dollar fixed-rate coupon of approximately 6.37%. Teekay LNG expects to close the bond offering on November 18, 2021, subject to customary closing conditions. The net proceeds from the bonds are expected to be used for general partnership purposes. Teekay