Global Ship Lease announces full redemption of 8.00% senior notes due 2024
GSL -1.45%Now!
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.
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Full redeemption !