By Rebecca Melvin
Concord, N.H., April 16 – Seaspan Corp. priced $300 million of 6½% five-year sustainability-linked bonds, according to a company news release.
DNB Markets and Fearnley Securities acted as joint bookrunners.
The proceeds of the issue will be used for general corporate purposes, which may include repayment of debt.
Seaspan is a Hong Kong-based shipping company. It is a wholly owned subsidiary of Atlas Corp.
| Issuer: | Seaspan Corp.
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| Issue: | Sustainability-linked bonds
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| Amount: | $300 million
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| Maturity: | April 2026
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| Bookrunners: | DNB Markets and Fearnley Securities
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| Coupon: | 6½%
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| Pricing date: | April 16
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