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International Containers Sale and Purchase

Global Ship Lease acquires seven boxships for $116m

Charters with leading liner operators will generate attractive returns from the 20-year-old ships and back up GSL’s recently instated dividend for shareholders, says chairman George Youroukos

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The company, which last month announced a refinancing of its 2022 bonds and instatement of a regular dividend for shareholders, plans to plough $40m of its existing cash into the acquisitions and finance the balance with bank debt

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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