Moody’s Investors Service (Moody’s) has upgraded its rating outlook on Global Ship Lease (GSL), based on the container ship owner’s strong financial position that has made room for shareholder dividends and share buybacks.
The New York-based bond credit rating company changed its view to positive from stable, meaning it expects to keep its B1 rating of GSL’s corporate family rating — credit worthiness, essentially — over the medium term.
