Seward & Kissel advises Global Ship Lease, Inc. in a private placement by its subsidiary of 5.69% Senior Secured Notes due 2027

July 25, 2022

July 25, 2022 – Seward & Kissel LLP, a leading law firm in advising on a broad range of maritime capital markets and financing transactions, represented Global Ship Lease, Inc. (NYSE: GSL) in a private placement by its subsidiary of $350 million aggregate principal amount of 5.69% Senior Secured Notes due 2027 (the โ€œNotesโ€). The Notes are secured by, among other things, first priority mortgages on 20 identified vessels and certain other associated assets and contract rights. Goldman Sachs & Co. LLC acted as Sole Structuring Agent and Lead Placement Agent in the offering. The transaction closed on June 16, 2022.

The Seward & Kissel team was led by Filana R. Silberberg and Blair Springer.