Soros invests in Global Ship Lease
Firms affiliated with investor George Soros have purchased holdings in Global Ship Lease, amounting to 13.66 percent of the company’s shares, according to a U.S. Securities and Exchange Commission filing.
The companies say their position consists of nearly 3.1 million shares and 3.8 million shares issuable upon the exercise of warrants.
Global Ship Lease is a New York Stock Exchange-listed lessor of containerships with a fleet of 17 ships with capacity of 66,297 TEUs chartered to CMA CGM. It also has two 4,250-TEU ships on order.
GSL closed a $1.10 per share on Thursday. It has traded from $1.03 to $3.85 in the past year.
Soros invests in Global Ship Lease
