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Global Ship Lease Announces Agreement to Acquire 12 Containerships Global Ship Lease, Inc. announced today that it has agreed to purchase 12 containerships from Borealis Finance LLC with an average size of approximately 3,000 TEU and a weighted average age of 11 years for an aggregate purchase price of $233.9 million. The ships are all on charter with leading liner operators, with remaining charter durations of three to 25 months. With these additions, the Company’s fleet will comprise 62 containerships with a total capacity of 322,770 TEU, making Global Ship Lease the eighth largest non-operating owner of containerships by TEU capacity. The 12 vessels are scheduled for delivery during the third quarter of 2021. The Company expects to fund the purchase price with cash on hand, the proceeds of new bank debt, and the issuance of $35.0 million of its existing 8.00% Senior Unsecured Notes to the sellers.

George youroukosSeward kisselGlobal ship lease incBorealis financeShip leaseGlobal ship leaseSenior unsecured notesPurchase priceAnnual adjustedExecutive chairmanஸ்ய்வர்ட் முத்தம்உலகளாவிய கப்பல் குத்தகை இன்க்போரியாலிஸ் நிதிகப்பல் குத்தகைஉலகளாவிய கப்பல் குத்தகைமூத்தவர் பாதுகாப்பற்றது குறிப்புகள்