BRIEF-Seaspan announces additional partial redemption of series C preferred shares

Fri May 27, 2016 11:01am EDT
 
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May 27 (Reuters) - Seaspan Corp :

* Seaspan announces additional partial redemption of series c preferred shares

* Will exercise its right to redeem 3,400,000 shares of its 9.50 pct series C cumulative redeemable perpetual preferred shares

* Series C preferred shares will be redeemed at cash redemption price of $25.00 per share

* 3,400,000 series c preferred shares to be redeemed are in addition to previously announced redemption of 5,600,000 series c preferred shares Source text for Eikon: Further company coverage: