Global Ship Lease announces $1 billion syndicated loan facility
GSL•Global Ship Lease announced a $1 billion syndicated loan facility at SOFR + 1.5% for seven years. The facility will be drawn in tranches for 15 newbuildings from late 2028 through 2030.
1. Loan facility
Global Ship Lease announced a $1 billion syndicated loan facility at SOFR + 1.5% for seven years. The facility will be drawn in tranches for 15 newbuildings from late 2028 through 2030.
2. Syndicate members
The eight-member syndicate includes Bank of America, Bank of China (HK), KFW IPEX and ABN-AMRO. CTBC and CaixaBank are lead arrangers; BOCOM (HK) and First Citizens Bank are arrangers.
