Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Sat, May 21, 8:09 AM
|This Slide: #145 of 581|
Slide #145. Seaspan Corporation — Preferred Stock Offering
Seaspan Corporation (SSW)
Preferred Stock Offering Details:
Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it plans to offer shares of its Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares (the "Series I Preferred Shares") in a registered public offering pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. Seaspan has also granted the underwriters a 30-day option to purchase additional Series I Preferred Shares.
Seaspan is an independent charter owner and manager of containerships, which it charters primarily pursuant to long-term, fixed-rate time charters with container liner companies.
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Hold (1.50 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com