Canadian container ship owner and operator, Seaspan Corporation has successfully closed its previously announced issuance of US$750 million in senior unsecured notes, upsized from the original offering size of US$500 million.
The Notes will mature in 2029 and will accrue interest payable semiannually at a rate of 5.50% per year, according to a statement.
Seaspan said it intends to allocate the net proceeds of the offering to acquire, finance or refinance, in whole or in part, certain new and/or...