
Stock listed Seaspan, the world's 3rd largest owner of container ships among so-called non-operating owners (NOO), has cancelled a share sale at the New York Stock Exchange, amove that was expected to raise USD 131.5 million. Seaspan also tried to raise another USD 125 million through a sale of convertible bonds. For an expected total of USD 256.5 million.
The Seaspan share declined 19 percent following the company's statement that a share sale "would not be in the interest of shareholders."
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