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KNOT Offshore Partners LP
KNOPtoday announced that it priced its initial
public offering of 7,450,000 common units at a price of $21.00 per unit.
KNOT Offshore Partners has granted the underwriters a 30-day option to
purchase up to 1,117,500 additional common units, at the same price per
unit. The common units being offered to the public are expected to begin
trading on April 10, 2013, on the New York Stock Exchange under the
symbol “KNOP.” The offering is expected to close on or about April 15,
2013, subject to customary closing conditions.
Following completion of the offering, Knutsen NYK Offshore Tankers AS, a
Norwegian private limited liability company (“KNOT”), will
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