Brief: Knot Offshore Partners Reports Revenue Of $61.6 Mln For Quarter Ended Dec 31

KNOT Offshore Partners LP

20/02/2018 12:36

Feb 20 (Reuters) - Knot Offshore Partners Lp  KNOP.N : 
    * KNOT OFFSHORE PARTNERS LP - TOTAL REVENUES WERE $61.6 
MILLION 
FOR QUARTER ENDED DEC 31, 2017 COMPARED TO $58.2 MILLION FOR 
QUARTER ENDED SEPT 30, 2017 
    * KNOT OFFSHORE PARTNERS LP - EXPECTS EARNINGS FOR Q1 OF 
2018 TO 
BE HIGHER THAN EARNINGS FOR Q4 OF 2017 
    * KNOT OFFSHORE PARTNERS LP - UNIT ENTERED A SHARE PURCHASE 
AGREEMENT TO ACQUIRE KNOT 30, OWNER CO OF SHUTTLE TANKER ANNA 
KNUTSEN, FROM KNUTSEN NYK 
    * KNOT OFFSHORE - PURCHASE PRICE OF ANNA DEAL IS $120 
MILLION, 
LESS ABOUT $106.8 MILLION OUTSTANDING INDEBTEDNESS, PLUS ABOUT 
$1.4 MILLION FOR SOME CAPITALIZED FEES 
    * KNOT OFFSHORE PARTNERS LP - ON CLOSING OF ANNA DEAL, KNOT 
30 
WILL REPAY ABOUT $32.3 MILLION OF INDEBTEDNESS RELATED TO ANNA 
KNUTSEN 
 
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