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RSS FeedsGlobal Ship Lease Announces Pricing of Public Offering of $27.5 Million 8.00% Senior Notes Due 2024
(WorldNews Africa)

 
 

15 november 2019 00:41:19

 
Global Ship Lease Announces Pricing of Public Offering of $27.5 Million 8.00% Senior Notes Due 2024
(WorldNews Africa)
 


LONDON, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the `Company` or `Global Ship Lease`) announced today that it has priced its offering of $27.5 million aggregate principal amount of senior unsecured notes due 2024 (the `Notes`) in a registered underwritten public offering (the `Notes Offering`). The Notes will bear interest at 8.00% per year, payable in arrears on the last day of February, May, August and November of each year, commencing on February 29, 2020 and at maturity. The Notes will mature on December 31, 2024, and may be redeemed in whole or in part, at the Company`s option, at any time (i) on or after December 31, 2021 and prior to December 31, 2022,...


 
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