Exmar Energy Partners Lp News

EXMAR (Euronext: EXM) said that due to unfavorable current capital market conditions, it is delaying the launch of the contemplated initial public offering (IPO) of common units in the United States of EXMAR ENERGY PARTNERS LP (the MLP). In a release, EXMAR said it will continue to evaluate the most appropriate timing for the initial public offering as market conditions develop.

Exmar NV announced that it expects to submit to the United States Securities and Exchange Commission (SEC) the first draft registration statement for Exmar Energy Partners LP (the MLP). The initial public offering of the MLP's common units is expected to commence after the SEC completes its review process. Upon completion of the offering, the MLP is expected to own a 50% equity interest in joint ventures that own and operate four LNG regasification vessels (LNGRVs) and one LNG carrier. exmar.be