Teekay (NYSE: TK) is raising capital in the form of US$100 million in convertible unsecured debt (maturing 2023) and 10 million shares of common stock. Their former daughter entity, Teekay Offshore, raised some preferred share capital last week. Teekay’s existing unsecured debt issue (disclosure: I own some) maturing in January 15, 2020 has been trading … Continue reading Teekay Corporation – Raising money