Altera Shuttle Tankers taps transition-style green bond

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Altera Shuttle Tankers taps transition-style green bond

Oil rig offshore fossil fuels from Adobe 230x150

One of the more unusual green bonds of 2019, the $125m high yield issue for Teekay Shuttle Tankers, which operates ships serving the offshore oil industry, was tapped on Friday for $75m under the company's new name of Altera Shuttle Tankers.

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