Teekay lands billion dollar deal with Chinese state bank
Teekay Corporation has signed a credit facility agreement for up to USD 1 billion with Chinese state-owned bank CEXIM, the Export-Import Bank of China, for newbuildings to be built at yards in China for the group's companies, mainly including Teekay LNG Partners, Teekay Offshore Partners and Teekay Tankers, all three of which are listed in New York, informs Teekay in a corporate statement.
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