Fundz

Seaspan'S 70 Vessel Newbuild Program Is Now Fully Financed Following Completion Of Innovative $1.4 Billion Structured Financing

Jan 05, 2022

Amount Raised

$1.4 Billion

Round Type

Funding Round

Financial ServicesPaymentsFood And Beverage

Description

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 throughout construction of the Newbuild Program to fund a total investment of approximately $7.6 billion.

Quick answer

Seaspan raised $1.4 Billion in a Funding Round round, dated January 5, 2022.

How much did Seaspan raise?
Seaspan raised $1.4 Billion in a Funding Round round on January 5, 2022.
What does Seaspan do?
Seaspan is a leading independent owner and operator of containerships.
Where is Seaspan based and how big is it?
Fundz records about 2,600 employees.
Who are the decision-makers at Seaspan?
Fundz holds 2 contacts at Seaspan, including the Director, Workforce Development - Vancouver Shipyards. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Seaspan that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Funding Societies raised $294M (Funding Round) on February 16, 2022.
  • Trace Finance raised $4.3M (Seed) on February 15, 2022.
  • Sardine raised $20M (Series A) on February 10, 2022.
  • Tonik raised $131M (Series B) on February 9, 2022.

Who to call at Seaspan, and when

A new round usually means Seaspan is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Seaspan

About

Seaspan is a leading independent owner and operator of containerships. We charter our vessels primarily pursuant to long-term, fixed-rate time charters to the world's largest container shipping liners. Seaspan's operational fleet consists of 134 vessels with a total capacity of 1,156,800 TEU. We also have 67 vessels under construction, increasing total capacity of our operational fleet to 1,959,200 TEU, on a fully delivered basis. For more information visit seaspancorp.com.

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Related People

2 contacts
Verified contactsDan, Director, Workforce Development - Vanco… hiddenSee plans and pricing
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Seaspan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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