|Bid||7.50 x 900|
|Ask||25.80 x 1400|
|Day's Range||25.51 - 25.69|
|52 Week Range||20.50 - 26.20|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.97 (7.69%)|
|Ex-Dividend Date||Apr. 28, 2021|
|1y Target Est||N/A|
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").
Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), has entered into a note purchase agreement to issue, in a private placement (the "Private Placement"), $500 million principal amount of fixed rate, sustainability-linked senior secured notes (the "Notes"), of which $450 million principal amount was issued and sold on Friday, May 21, 2021 and $50 million is expected to be issued and sold on August 12, 2021, subject to customary closing conditions. The Private Placement, which involved over 20 prominent investors, was completed as part of Seaspan's amended and upsized $2.5 billion vessel portfolio financing program (the "Program") and constitutes the largest reported sustainability-linked US private placement. The Program, which was initially established in 2019, is now comprised of $2.0 billion of bank credit facilities and $500 million of the Notes.
Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced that it has accepted delivery of two quality 8,500 TEU scrubber-fitted containerships ("the Vessels") on long-term charter with a global liner.