WFW advises CACIB on US$300m syndicated financing for GSL19 September 2024
The proceeds will be used to repay in full or in part a total of ten loan packages.
The proceeds will be used to repay in full or in part a total of ten loan packages.
The loans acquired pertain to 14 vessels owned by eight different ship owners.
This is GSL’s first sale and leaseback transaction, with the US$14,375,000 being made available to GSL under the sale and five-year capital leaseback.
We advised EnTrust Global’s Blue Ocean Funds on their US$150m sale and leaseback transaction of two container vessels acquired from and chartered back to two subsidiaries of Danaos Corporation.
We advised Deutsche Bank in relation to a US$180.5m term facility provided to Poseidon to repay and extinguish a previous secured bank debt facility.