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Seaspan brings in USD 200 million from sustainbility-linked bonds

Shipowner Seaspan makes its debut on the Nordic bond market, bringing in USD 200 million in fresh capital. The funds come from Seaspan's issuance of so-called sustainability-linked bonds.

Photo: PR/Seaspan

Shipowning major Seaspan, which charters vessels to the world's largest container lines, including Maersk, Cosco and CMA CGM, makes its debut on the Nordic bond market, bringing in nearly USD 200 million in new capital.

The funds come from Seaspan's issuance of so-called sustainability-linked bonds - that is, bonds that are conditioned on Seaspan living up to predetermined sustainbility targets. The press release does not reveal anything in terms of the specific targets.

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