Global Ship Lease announced on July 8, 2025, that three leading credit rating agencies affirmed its credit ratings and outlooks. Moody’s Investor Service maintained its Ba2 Corporate Family Rating with a stable outlook, while S&P Global Ratings affirmed its long-term issuer credit rating of BB+ with a stable outlook. Kroll Bond Rating Agency also kept the company’s corporate rating at BB+ with a stable outlook and affirmed the BBB/stable investment grade rating for GSL’s 5.69% Senior Secured Notes due 2027.
The agencies highlighted Global Ship Lease’s consistent use of strong cash flow for deleveraging and its disciplined, low-leverage strategy as key factors in their affirmations. They also noted the company's revenue stability, which is underpinned by attractive multi-year time charter agreements, contributing to a predictable financial profile.
Further considerations cited by the rating agencies included GSL’s resilience during recent industry disruptions, its strong earnings and cash flow generation across market cycles, and overall supportive market conditions for containership owners. The company's experienced management team, conservative chartering policy, and strategic focus on mid-sized and smaller containerships, which are less exposed to fleet growth, were also recognized as positive attributes.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.