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Hold (1.50 out of 4)
100th percentile
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Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Saturday, April 20, 10:31 AM
Slide #184. Seaspan Corporation — Preferred Stock Offering
Company: |
Seaspan Corporation (SSW) |
Date announced: |
9/12/2018 |
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. Preferreds: SSW.PRC, SSW.PRD, SSW.PRE, SSW.PRG, SSW.PRH, SSW.PRI
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