Brief: Seaspan Announces Term Sheet For Restructuring Of Swiber Holdings Limited

Swiber Holdings

03/10/2018 12:16

Oct 3 (Reuters) - Seaspan Corp  SSW.N :
    * SEASPAN ANNOUNCES TERM SHEET FOR INVESTMENT IN THE
RESTRUCTURING
OF SWIBER HOLDINGS LIMITED
    * SEASPAN CORP - INVESTMENT IS EXPECTED TO BE FUNDED IN TWO
TRANCHES
    * SEASPAN CORP - HAS ENTERED INTO A BINDING TERM SHEET FOR A
POTENTIAL INVESTMENT OF UP TO US$200 MILLION
    * SEASPAN CORP - INTENDS TO FUND INVESTMENT WITH CASH ON
HAND.
    * SEASPAN CORP - ENTERED BINDING TERM SHEET FOR INVESTMENT
IN
RESTRUCTURED SWIBER HOLDINGS LIMITED

Source text for Eikon:  ID:nCNWl5Wlja 
Further company coverage:  SSW.N 

 ((Reuters.Briefs@thomsonreuters.com;))