Teekay LNG Partners makes it easy for income investors

By Tim | Published: May 5, 2009

I took the following out of the press release where TGP announced another 57¢ distribution.

Teekay LNG Partners remains well-positioned in the current economic environment:

• Our distribution is supported by long-term (10 to 25 years remaining) fixed-rate contracts

• Our financial profile supports a stable distribution

• Our recent $70 million follow-on equity offering has increased our already strong liquidity position to over $550 million and will be used to take delivery of our 2009 capital expenditure program

via Teekay LNG Partners (TGP) – News Releases.

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