Within the past week, both The Cronos Group and Textainer Group Holdings (“TGH”) each accessed capital, the former in the bond market and the latter in the bank market. By all appearances, it was easy and cheap. In what has become the stock in trade of this sector, Cronos priced a $300 million ABS deal at a yield of 3.85%, representing a spread of 300 bps to the five year swap rate around 10-20 bps lower than deals done this summer.

After last Thursday’s market close, Textainer Group Holdings announced that it had priced its primary and secondary share offering at $31.50 per share, a discount of 10.5% from the pre-offering closing price. From its sale of five million shares and the exercise of the greenshoe of 1.125 million shares, the company raised gross proceeds of $192.9 million, which will be used for capital expenditures and general corporate purposes.

Deutsche Bank completed a nifty maritime container Asset Backed Security bond transaction for Seaco SRL on July 25th.  The deal, the first priced marine container term ABS transaction for Seaco since it was acquired by HNA Group last December, was well oversubscribed and priced inside the 4.25% yield benchmark set by 4 of the previous 5 container ABS issuances.

Yesterday SeaCo Limited successfully priced its inaugural ABS container notes offering after its acquisition by the HNA Group. Reflecting strong investor interest in this product, due to its higher yield compared to more mainstream ABS transactions, the deal was upsized 25% from $200 million to $250 million. Rated A, the bonds with a 4.11% coupon were sold at ~99% to yield 4.15% below initial expectations. The pricing was slightly lower than last month’s SeaCube offering at 4.21%.

Utilizing its recently filed $300 million shelf registration, Costamare Inc. announced an overnight offering of 7.5 million shares of its common stock. The shares were priced the next day at $14.10/share a discount of 8.97% from yesterday’s closing price of $15.49. The gross proceeds of the offering will be $105.75 million which will be used for capital expenditures, including vessel acquisitions, and for general corporate purposes, which may include repayments of indebtedness.

The temperature begins to warm, the days get longer and Safe Bulkers Inc. goes to market with what seems to be its annual spring equity offering. Utilizing its existing shelf registration, the company announced on Monday its intention to offer five million shares of its common stock to the public with an overallotment option of 750 thousand shares. This follows offerings of five million shares priced at $8.40 in April 2011 and nine million shares priced at $7.00 in March 2010.