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BRIEF-Seaspan says it entered into over $540 mln of debt and equity financings

Published 2016-05-18, 08:59 p/m
© Reuters.  BRIEF-Seaspan says it entered into over $540 mln of debt and equity financings

May 18 (Reuters) - Seaspan Corp SSW.N
* Says it has entered into over $540 million of debt and
equity financings
* Has entered into a five-year employment agreement with its
CEO Gerry Wang, effective until May 2021
* Says entered into a 17-year lease financing arrangement
with an Asian-based leasing company for gross proceeds of over
$250 million
* Lease financing proceeds to fund construction and delivery
of three 11,000 TEU newbuild containerships, expected during
2017

Source text for Eikon: ID:nMKW7xrR9a
Further company coverage: SSW.N

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