Seaspan's 70 Vessel Newbuild Program is Now Fully Financed Following Completion of Innovative $1.4 billion Structured Financing

Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ATCO), today announced that on December 23, 2021, it secured the last of its financings for its full 70 vessel newbuild program, including three vessels recently delivered (the “Newbuild Program”). The proceeds from these financings total approximately $6.9 billion and will be drawn ...

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