Global Ship Lease on course for sale tomorrow

Citigroup expects to announce price talk later today for the $400m high yield bond issue by Global Ship Lease, the London-based, but New York-listed container ship lessor.

  • By Jon Hay
  • 17 Dec 2013

Global Ship Lease is closely linked to CMA CGM, the French container shipping group rated B2/B. CMA owns 45% of Global Ship Lease and at present leases all 17 of its ships.

Global Ship Lease plans to issue through Citi a $400m first priority secured bond due 2021, ...

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