Adj EBITDA of USD 196.6m (-2% vs ARCe)Cash flow ahead of expectationsUSD 100m distribution in Q1/25 as expectedUSD 387m impairment on Steam carriersLeverage going up but offset by strong JV cashflowCredit neutral quarter
18 Mar 2025
Arctic Credit FLASH: Seapeak - USD 387m steam carrier impairment, but otherwise as expected
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Arctic Credit FLASH: Seapeak - USD 387m steam carrier impairment, but otherwise as expected
Teekay LNG Partners LP (TGP:NYSE) | 0 0 0.0%
- Published:
18 Mar 2025 -
Author:
Alexander Jost -
Pages:
12 -
Adj EBITDA of USD 196.6m (-2% vs ARCe)Cash flow ahead of expectationsUSD 100m distribution in Q1/25 as expectedUSD 387m impairment on Steam carriersLeverage going up but offset by strong JV cashflowCredit neutral quarter