Atlas Corp. | 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (SSW.PRG)
Prospectus excerpt: We are offering 4,000,000 of our 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the ôSeries G Preferred Sharesö). Dividends on the Series G Preferred Shares will be cumulative from the date of original issue and will be payable quarterly in arrears on the 30th day of January, April, July and October of each year, when, as and if declared by our board of directors. The initial dividend on the Series G Preferred Shares offered hereby will be payable on July 30, 2016. Dividends will be payable out of amounts legally available therefor at an initial rate equal to 8.20% per annum of the stated liquidation preference.
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.