July 16 (LNGJ) - Teekay Corp., the Canada-based parent company of LNG fleet owner Teekay LNG, was downgraded by ratings agency Moody's Investors Service to negative from stable. The agency cited concerns about management plans to use more equity capital when funding investments, or possible asset sales to one of several publicly listed subsidiaries.
Teekay gets rating downgrade
Written by John McKay
Monday, 16 July 2012
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