BRIEF-Seaspan announces redemption of remaining series C preferred shares

Fri Jun 3, 2016 2:16pm EDT
 
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June 3 (Reuters) - Seaspan Corp

* Seaspan announces redemption of remaining series C preferred shares

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

* Will exercise its right to redeem 4.3 million shares of its 9.50 pct series C cumulative redeemable perpetual preferred shares

* Dividends on series C preferred shares to be redeemed will cease to accrue on redemption date Source text for Eikon: Further company coverage: