Date: 3/26/2013
Source: Incapital
Author: Incapital

Incapital Serves as Sole Structuring Agent and Lead Bookrunner in "Deal of the Year"

Seaspan's Preferred Stock Offering Recognized By Marine Money Magazine

Incapital, a leading underwriter and distributor of fixed income and other financial products, announced today that Seaspan Corporation’s $77 million 7.95 percent Series D Preferred Shares offering, for which Incapital served as sole structuring agent and physical book runner, was recognized by Marine Money Magazine as its ‘Deal of the Year.’

This transaction served as the first traditional preferred stock offering of its kind within the marine space. Seaspan was able to leverage Incapital’s robust retail investor base, providing a unique way for Seaspan to access the markets.

"Incapital was pleased to serve as the sole structuring agent and physical book runner for Seaspan’s transaction,” said Chris O’Connor, Managing Director of Capital Markets. “We are always looking for new ways to connect issuers and investors and believe that our expertise in the shipping sector, coupled with Incapital’s distribution network, allowed us to complete a successful offering for Seaspan."

Seaspan is an independent owner and manager of containerships and offers long-term leases on containerships and ship management. Proceeds from the offering will be used in a variety of ways, including but not limited to investments or vessel acquisitions.



Please consult your financial advisor and relevant offering documents prior to investing any money in these or other products, and for information and additional risks associated with corporate notes, including but not limited to, call risk, principal risk, credit risk and interest rate risk. These products are offered through many but not all broker-dealers.

This information does not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of those securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Certain products are offered by prospectus or offering circular only. Product suitability must be determined for each individual investor.