Bohai Leasing´s subsidiary Seaco issues $600 million in ABS
On August 17, 2021, Global SC Finance VII SRL, a wholly owned subsidiary of Seaco SRL, one of the world’s largest marine container leasing companies, completed an offering to qualified institutional buyers and other eligible investors of USD $564,700,000 in principal amount of Series 2021-2 Class A Notes with a rate of 1.95% and USD $35,300,000 in principal amount of Series 2021-2 Class B Notes with a rate of 2.49%, both with an expected term of 10 years.
The notes were sold by Deutsche Bank Securities. Deutsche Bank Securities was the Structuring Agent for the transaction and Initial Purchaser of the notes.