Watson Farley & Williams (“WFW”) has advised Borealis Finance LLC (“Borealis”) on its agreement to sell 12 containerships to Global Ship Lease, Inc. (“GSL”) for an aggregate price of US$233.9m, which is expected to include the issuance in a private placement of US$35m of GSL’s existing 8.00% senior unsecured notes, which trade on the NYSE …
The post WFW advises Borealis on US$233.9m sale of 12 containerships to Global Ship Lease first appeared on Hellenic Shipping News Worldwide.