Global Ship Lease gets secured bank debt to finance three vessels

By Angela McDaniels

Tacoma, Wash., May 23 – Global Ship Lease, Inc. has obtained new senior secured bank debt, according to a company news release.

The company said the new debt is on market terms with a maturity of late 2024.

Proceeds will be used to finance a portion of the $48.5 million purchase price for three containerships.

One ship will be delivered during the second quarter, and the other two ships are expected to be delivered during the third quarter.

Global Ship Lease is a containership charter owner based in London.

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