Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, April 26, 12:41 AM
Slide #312. 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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