Atlas to redeem series I fixed-to-floating preferreds at par on Oct. 30

By Wendy Van Sickle

Columbus, Ohio, Oct. 12 – Atlas Corp. will redeem all of its series I fixed-to-floating rate cumulative redeemable perpetual preferred shares (Cusip: Y0436Q158) on Oct. 30, according to a press release.

The preferreds will be redeemed for $25 per share.

Regular dividends of 50 cents per preferred share will be paid in cash separately on Oct. 30 to holders of record as of the close of business on Oct. 27.

Equiniti Trust Co., LLC is the redemption agent.

Atlas is a Vancouver, B.C.-based global asset manager whose subsidiaries, Hong Kong-based Seaspan and APR Energy Ltd., operate in maritime and energy sectors.

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