US-listed Global Ship Lease (GSL) has sealed syndicated financing worth $140m to fund its acquisition of Borealis Maritime's containership fleet.
Law firm Watson Farley & Williams (WFW) advised Credit Agricole Corporate & Investment Bank (CA-CIB) and Hamburg Commercial Bank (HCOB) as joint lead arrangers for the facility.
The cash finances part of the cost of buying 12 ships from funds managed by Borealis in June.
