Author Topic: SSW - Seaspan Corp  (Read 156489 times)

Saluki

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Re: SSW - Seaspan Corp
« Reply #540 on: May 16, 2019, 08:15:52 AM »
This is big news.  Their priority has been restructuring the debt and getting themselves to an investment grade credit rating so they can expand or take advantage of opportunistic acquisitions when they come up.  If this trade war nonsense continues, some other shippers may be willing to unload assets to whoever is sitting around with access to cash.
If it's important, do it every day. If it's not important, don't do it at all.  -Dan Gable


petec

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Re: SSW - Seaspan Corp
« Reply #541 on: May 16, 2019, 09:09:33 AM »
Agreed. I'm not sure the annual interest savings will be huge in the context of the cash flow the company is generating, but the bigger point is the direction of travel is superb and the capital availability if they see opportunities is rising.