Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Fri, May 20, 10:21 PM
This Slide: #273 of 581 |
Slide #273. Seaspan Corporation — Preferred Stock Offering
Company:
Seaspan Corporation (SSW)
Date announced:
8/17/2016
Shares Offered:
3,200,000
Date of Pricing:
8/18/2016
Price Per Share:
$25.00
Preferred Stock Offering Details:
Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it plans to offer shares of its Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares") in a registered public offering pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. -updated 8/18 - Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it has priced its previously announced $80 million public offering of its 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares") at $25 per share. The offering is expected to close on August 25, 2016.
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.
Preferreds: SSW.PRC, SSW.PRD, SSW.PRE, SSW.PRG, SSW.PRH, SSW.PRI

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