Global Ship Lease secures $1 billion syndicated loan facility at SOFR + 1.5% margin
Global Ship Lease agreed a USD 1 billion syndicated loan facility with a seven-year term priced at SOFR + 1.5%. Borrowings will be drawn in tranches tied to delivery of 15 containership newbuildings scheduled from late 2028 through 2030. Bank of America will act as bookrunner, mandated lead arranger, facility agent, an