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Seaspan Receives Initial BB Corporate and Unsecured Rating from Fitch News provided by Share this article Share this article LONDON, June 30, 2021 /PRNewswire/ - Seaspan Corporation ( Seaspan or the Company ), a wholly owned subsidiary of Atlas Corp. ( Atlas ) (NYSE:ATCO), today announced that Fitch Ratings ( Fitch ) has assigned a first-time Issuer Default Rating (IDR) of BB to Seaspan. Fitch also assigned a BB rating to the Company s senior unsecured notes. The rating outlook is stable. Seaspan s issue ratings are summarized in the table below: Issue BB BB Stable Fitch noted that Seaspan s ratings reflect its scale and franchise as a leading containership lessor, enhanced funding flexibility, an increased level of unencumbered assets, low leverage profile, and solid liquidity. Seaspan s ratings are also supported by a strong operating platform, which includes ownership of a young fleet on long-term charters, consistent operating cash flow generation, solid profitabi

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