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Crestwood Equity Partners LP Announces Strategic Transactions with Crestwood Holdings and Provides Update to 2021 Strategic Outlook

Crestwood Equity Partners LP Announces Strategic Transactions with Crestwood Holdings and Provides Update to 2021 Strategic Outlook
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results
Golar LNG Partners LP generated operating income of $32.2 million for the fourth quarter of 2020, exclusive of its interest in FLNG Hilli Episeyo.
The Partnership reported net income attributable to unit holders of $20.7 million for the fourth quarter after accounting for $0.4 million of non-cash mark-to-market interest rate swap gains.
The Partnership generated distributable cash flow1 of $31.6 million for the fourth quarter resulting in a distribution coverage ratio1 of 22.09. Golar Partners entered into an agreement and plan of merger (“the merger”, “the merger agreement”, or “the transaction”) with New Fortress Energy Inc. and certain of its subsidiaries (“NFE”) whereby NFE will acquire all of the Partnership’s common units for $3.55 per unit. ....

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Golar LNG Partners L.P.: Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Golar LNG Partners L.P.: Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results
436
20,716
4,600
81,414
Indirect administrative expenses are allocated to the FSRU and LNG carrier segments based on the number of vessels.
Relates to effective share of revenues and expenses attributable to our investment in Golar Hilli LLC ( Hilli LLC ) had we consolidated our 50% ownership of the Hilli LLC common units.
In order to incorporate the economic performance of the FSRU
Golar Freeze into total partnership performance, management has determined that it will measure the performance of the Golar Freeze sales-type lease based on Adjusted EBITDA
1 (EBITDA as adjusted for the amount invoiced under sales-type lease in the period). ....

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Investegate |Golar LNG Partners L.P. Announcements | Golar LNG Partners L.P.: Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Investegate |Golar LNG Partners L.P. Announcements | Golar LNG Partners L.P.: Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Apollo Global Management Announces Conclusion and Release of Independent Review

Apollo Global Management Announces Conclusion and Release of Independent Review
Apollo Global Management, Inc.
New York, New York, UNITED STATES
NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that the Conflicts Committee of the Board of Directors has completed its previously announced independent review of Chairman and CEO Leon Black’s previous professional relationship with Jeffrey Epstein and publicly released the review’s findings. At a regularly scheduled Board meeting in October 2020, Mr. Black requested the Conflicts Committee, comprised of independent directors, retain outside counsel to conduct an independent and thorough review. The Committee subsequently retained Dechert LLP (“Dechert”), a leading global law firm. ....

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