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Stock Market & Financial Investment News

News Breaks
July 1, 2014
06:38 EDTKNOPKNOT Offshore Partners completes acquisition of Hilda Knutsen and Torill Knutsen
KNOT Offshore Partners announced that it has completed its acquisition of all the ownership interests in the companies that own and operate the shuttle tankers Hilda Knutsen and Torill Knutsen. The purchase price of the Hilda Knutsen was $166.0M, net of $109.6M of outstanding indebtedness related to the vessel, subject to post-closing adjustments. The purchase price of the Torill Knutsen was $169.0M, net of $112.1M of outstanding indebtedness related to the vessel, subject to post-closing adjustments. The cash portion of the purchase prices was financed with proceeds from the Partnership's public offering of 4,600,000 common units which closed on June 27, 2014.
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September 15, 2014
05:27 EDTKNOPKNOT Offshore Partners announces Knutsen NYK Offshore Tankers enters charters
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