LONDON, May 28, 2021 /PRNewswire/ - Atlas Corp.
("Atlas") (NYSE: ATCO), today announced approval for listing on the
Nasdaq Global Market of its 7.125% Senior Unsecured Notes due 2027
("the Atlas Notes"). The trading symbol of the Atlas Notes is
"ATCOL" and the CUSIP Number is 04926V 203. As previously
announced, on May 17, 2021, Atlas
completed its offer to exchange up to $80,000,000 aggregate principal amount of the
Atlas Notes for any and all outstanding $80,000,000 aggregate principal amount of 7.125%
Notes due 2027 of its subsidiary, Seaspan Corporation (the "Seaspan
Notes").
About Atlas
Atlas is a leading global asset management company,
differentiated by its position as a best-in-class owner and
operator with a focus on deploying capital to create sustainable
shareholder value. Atlas brings together an experienced asset
management team with deep operational and capital allocation
experience. We target long-term, risk adjusted returns across
high-quality infrastructure assets in the maritime sector, energy
sector and other infrastructure verticals. Our two portfolio
companies, Seaspan Corporation and APR Energy Ltd. are unique,
industry-leading operating platforms in the global maritime and
energy spaces, respectively.
About Seaspan
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. At March 31,
2021, Seaspan's fleet consisted of 127 containerships
representing total capacity of approximately 1,073,200 TEU. On
May 19, 2021, we announced the
delivery of two second-hand vessels. We also have 37 vessels under
construction and have agreed to purchase two additional second-hand
vessels, increasing total capacity to 1,670,200 TEU, on a fully
delivered basis.
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SOURCE Atlas Corp.