Global Ship Lease raises its annualized dividend to **$2.75 per Class A Common Share**. The company secures a **$1.0 billion credit facility** to reduce risk in its newbuilding program. Contract coverage stands at **100% for 2026**, **98% for 2027**, and **74% for 2028**, reflecting strong long-term commitments.
Global Ship Lease secures a **$1 billion syndicated loan facility** with a **1.5% margin over SOFR**, reducing its cost of debt. The financing reflects the company’s ability to access favorable debt terms amid market conditions. The facility supports ongoing operations and capital needs in the maritime leasing sector.
Global Ship Lease exercises options to build two mid-size, ultra-high-reefer, wide-beam containerships under an ~$163 million contract. The latest-generation vessels offer high flexibility for container transport. Completion remains subject to meeting specified conditions precedent.
Global Ship Lease declares a quarterly cash dividend of **$0.546875 per depositary share** for its **8.75% Series B Cumulative Redeemable Perpetual Preferred Shares**. The dividend covers the period from **July 1, 2026, to September 2026** and reflects the company’s ongoing financial obligations to preferred shareholders. The payment aligns with the terms of the Series B Preferred Shares, which carry a fixed 8.75% dividend rate.