Shipping container company goes public

Source: NorthJersey - A North Jersey shipping container company raised $95 million in the equity markets as it went public Thursday and began trading on the New York Stock Exchange.

SeaCube Container Leasing Ltd. in Park Ridge is among the world’s largest lessors of shipping containers with more than 500,000 units used on trains, trucks and ships.

SeaCube had sought to issue 7.5 million shares at $16 to $18 a share. Instead, the company sold 9.5 million shares Thursday at $10 apiece, raising $95 million in equity financing. The company trades under the ticker symbol BOX.
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