Teekay Offshore Partners (TOO) -4.8% premarket after announcing an offering of ~7M of its common...

|About: Teekay Offshore Partners L.P. (TOO)|By:, SA News Editor

Teekay Offshore Partners (TOO) -4.8% premarket after announcing an offering of ~7M of its common units, representing limited partner interests. Net proceeds will be used to partially finance the Voyageur Spirit FPSO the company agreed to acquire from Teekay Corp. (TK)