Global Ship Lease (GSL) to Offer Common Stock

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Go back to Global Ship Lease (GSL) to Offer Common Stock

Global Ship Lease Announces Commencement of Public Offering of Class A Common Shares

January 21, 2021 4:01 PM EST

LONDON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company) announced today that it intends to commence an underwritten public offering (the Offering) of its Class A common shares, par value $0.01 per share (the Common Shares). The net proceeds of the Offering are expected to be used for funding the expansion of the Companys fleet, general corporate purposes, and working capital.

The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent (15%) of the Common Shares offered in the... More