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