Independent journal on economy and transport policy
02:26 GMT+1
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Seaspan renounces to the sale of actions and convertible debentures
the offer was introduced monday
October 11, 2013
The group Seaspan Corporation, that it has the property of a fleet of 79 portacontenitori for a total ability pairs to beyond 500 thousand teu, has renounced to get ahead the offer of sale of actions and convertible debentures for a total value of about 240-260 million dollars only introduced from three days. Yesterday, in fact, the group has communicated the decision not to proceed with the offer as - Seaspan has explained - "it would not be in the best interest of our shareholders".
Past monday the group had introduced the offer consisting in 5,7 million common stocks of class To (with option of 30 ulterior days in order acquiring 900 thousand sets in action) and 125 million dollars in convertible debentures. Seaspan had specified that it would have employed the resources generated from the operation for operating purpose of general management that could include the acquisition of ships.
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