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0.0117924528301887 0.0117924528301887 0.00707547169811331 0.0141509433962264 0.0117924528301887 0.018867924528302 0.0212264150943398 0.0272311320754717
Stock impact report

KNOT Offshore Partners LP Announces Completion of the Acquisition of Vigdis Knutsen

KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) 
Company Research Source: Business Wire
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that it has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Vigdis Knutsen (KNOT Shuttle Tankers 25 AS “KNOT 25”) for an aggregate purchase price of $147.0 million less $137.7 million of outstanding indebtedness plus approximately $17.9 million for a receivable owed by Knutsen NYK to KNOT 25 (the “Receivable”) and approximately $0.9 million for certain capitalized fees related to the financing of the Vigdis Knutsen. On the closing of the acquisition, KNOT 25 repaid approximately $42.8 million of the indebtedness, leaving an aggregate of approximately $94.9 million of debt outstanding under the secured credit facility related to the vessel. The purchase price was settled in cash and will be subject to certain post-closing adjustments for working Show less Read more
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