Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
Seaspan to redeem $300 million 5.5% senior notes due 2025, 2026
By Marisa Wong
Los Angeles, Aug. 16 – Seaspan Corp., a wholly owned subsidiary of Atlas Corp., intends to redeem all of its remaining 5.5% senior notes held by some affiliates of Fairfax Financial Holdings Ltd., including $250 million of 5.5% senior notes due 2025 and $50 million of 5.5% senior notes due 2026, according to a press release.
The notes will be redeemed for cash on Aug. 23. The redemption price per note will be equal to $1,000 plus all accrued interest from and including July 30 to the redemption date.
Atlas is a Vancouver, B.C.-based global asset manager. Its subsidiary Seaspan is a Hong Kong-based owner and operator of containerships.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.