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Stock Market & Financial Investment News

News Breaks
June 23, 2014
16:55 EDTKNOPKNOT Offshore Partners files to sell 4.6M common units
The units represent partner interests. BofA Merrill Lynch, Citigroup, Barclays, Raymond James, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers in connection with the offering. In addition, ABN AMRO and DNB Markets are acting as the co-managers in connection with the offering.
News For KNOP From The Last 14 Days
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May 28, 2015
08:55 EDTKNOPKNOT Offshore Partners 5M share Spot Secondary priced at $23.76
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May 27, 2015
16:37 EDTKNOPKNOT Offshore Partners agrees to acquire the Dan Sabia
KNOT Offshore Partners announced that its wholly owned subsidiary, KNOT Shuttle Tankers AS, had entered into a share purchase agreement to acquire KNOT Shuttle Tankers 21 AS, the company that owns the shuttle tanker, Dan Sabia, from Knutsen NYK Offshore Tankers AS. The purchase price of the Acquisition is $103.0M, net of $64.5M of outstanding indebtedness related to the Dan Sabia. The Partnership expects the Acquisition to close within approximately 30 days, subject to customary closing conditions. The Dan Sabia is operating under a bareboat charter with Petrobras Transporte S.A. The Dan Sabia charter commenced upon delivery of the vessel in the 1Q12 and will terminate in 1Q24.
16:34 EDTKNOPKNOT Offshore Partners files to sell 5M common units for limited partners
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