Global Ship Lease announces full redemption of 8.00% senior notes due 2024

Jun. 20, 2022 7:34 AM ETGlobal Ship Lease, Inc. (GSL)By: Gaurav Batavia, SA News Editor11 Comments
  • Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.
  • The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.
  • There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.
  • Source: Press Release

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