US-listed Seaspan is lining up a bond issue and dual listing in Israel.

The Globes and Haaretz dailies reported that the company had filed a prospectus to sell a series of notes worth ILS 450m ($122.5m) on the Tel Aviv Stock Exchange.

The sale will be open to the public, with Leader Underwriters managing the deal.

As part of the rules for bond sales, Seaspan reportedly plans to carry out a dual listing of its New York shares in Tel Aviv.