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Seaspan's 7.95% series D preferreds admitted to begin trading on NYSE
By Tali David
Minneapolis, Dec. 21 - Seaspan Corp.'s 7.95% series D cumulative redeemable perpetual preferred shares have been admitted to trading on the New York Stock Exchange, according to a notice.
The shares trade under the symbol "SSW PR D."
The company priced $77.6 million of the preferreds, including a $10,125,000 greenshoe, on Dec. 14.
Jefferies & Co., Incapital LLC and Credit Suisse Securities (USA) LLC are the joint bookrunners.
Proceeds will be used for general corporate purposes, which may include vessel acquisitions or investments.
Seaspan is a Hong Kong-based containership company.
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