Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Sun, December 5, 6:11 AM
|This Slide: #420 of 573|
Slide #420. Seaspan Corporation — Preferred Stock Offering
Seaspan Corporation (SSW)
Date of Pricing:
Price Per Share:
Preferred Stock Offering Details:
Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it plans to offer shares of its Series E Cumulative Redeemable Perpetual Preferred Stock (the "Series E Preferred Shares") in a registered public offering. - updated 2/6 - Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it has priced its previously announced $125 million public offering of shares of its 8.25% Series E Cumulative Redeemable Perpetual Preferred Stock (the "Series E Preferred Shares") at $25 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional $18.75 million of Series E Preferred Shares on the same terms and conditions. The offering is expected to close on February 13, 2014.
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