Seaspan Becomes First International Shipowner and Operator to Enter China’s Panda Bond Market

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Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, has successfully issued a 1.5 billion RMB Panda bond in the Chinese bond market. The 3-year targeted debt financing instrument was issued on July 15, 2026, with an annual coupon rate of 2.50%. The issuance received enthusiastic subscriptions from both domestic and international investors, with a subscription multiple of 2.3 times. This transaction marks a significant milestone in Seaspan’s development journey as the first international shipowner and operator to tap into China’s Panda bond market. The issuance not only opens up new financing channels for Seaspan but also…

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