Seaspan Prices 3,5M Share Offering at $22.00/Share

Seaspan Corporation SSW announced today that it has priced its previously announced public offering of 3,500,000 Class A common shares (the "Common Shares") at $22.00 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional 525,000 Common Shares. The offering is expected to close on November 25, 2013.Seaspan intends to use the net proceeds from the offering for general corporate purposes, which may include funding vessel acquisitions. Citigroup, BofA Merrill Lynch, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities, J.P. Morgan Securities LLC and Jefferies LLC are acting as joint book-running managers for the offering. Clarkson Capital Markets will act as co-manager for the offering.When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (tel: (800) 831-9146); BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, email: dg.prospectus_requests@baml.com; Credit Suisse Securities (USA) LLC, One Madison Avenue, Floor 1B, New York, NY 10010, email: newyork.prospectus@credit-suisse.com; Deutsche Bank Securities Inc., 60 Wall Street, New York, NY See full press release