Bohai Leasing announced on the evening of May 20 that GSCTL, a wholly-owned subsidiary of the company, plans to transfer 100% of Global Sea Containers Ltd's shares to Typewriter Ascend, a wholly-owned subsidiary of Typewriter Topco, an investor managed by StonePeak. The underlying price of the deal was $1.75 billion. The final transaction price will be determined at the time of delivery according to the price adjustment mechanism agreed in the “Share Purchase Agreement”. Through this transaction, the company will obtain a large amount of cash consideration. The sale price will mainly be used to repay overseas high-interest US dollar debts, improve domestic cash flow, and resume business. After the transaction is completed, the company will no longer operate the container leasing business, which can effectively avoid the adverse effects of fluctuations in the global trade environment and further focus on the aircraft leasing business.

Zhitongcaijing · 05/20 15:25
Bohai Leasing announced on the evening of May 20 that GSCTL, a wholly-owned subsidiary of the company, plans to transfer 100% of Global Sea Containers Ltd's shares to Typewriter Ascend, a wholly-owned subsidiary of Typewriter Topco, an investor managed by StonePeak. The underlying price of the deal was $1.75 billion. The final transaction price will be determined at the time of delivery according to the price adjustment mechanism agreed in the “Share Purchase Agreement”. Through this transaction, the company will obtain a large amount of cash consideration. The sale price will mainly be used to repay overseas high-interest US dollar debts, improve domestic cash flow, and resume business. After the transaction is completed, the company will no longer operate the container leasing business, which can effectively avoid the adverse effects of fluctuations in the global trade environment and further focus on the aircraft leasing business.