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Global Container International Closes $150,000,000 Credit Facility

August 13, 2018

HAMILTON, Bermuda--(BUSINESS WIRE)--Aug 13, 2018--Global Container International LLC (“Global”) today announced the successful closing of a $150 million secured credit facility with Deutsche Bank AG, New York Branch.

“We are very pleased with the confidence and support shown by Deutsche Bank AG in underwriting this financing” said Jeffrey Gannon, CEO of Global. “The facility positions us to meet our continued fleet growth objectives allowing us to reliably lease containers to our customers.”

About Global Container International LLC

Global Container International LLC is a Bermuda-based international marine container leasing company with headquarters in Boston, Massachusetts, and offices and agency representation in Hong Kong, Shanghai, Singapore, Antwerp, Taipei, and Seoul. Global is backed by Wafra, a global investment firm with more than $23 billion of assets under management that invests across a wide range of alternative asset classes. For more information please visit http://gcxint.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20180813005669/en/

CONTACT: Global Container International LLC

Jeffrey Gannon, +1-339-203-0939

Chief Executive Officer

jsg@gcxint.com

KEYWORD: UNITED STATES BERMUDA NORTH AMERICA CARIBBEAN NEW YORK

INDUSTRY KEYWORD: TRANSPORT MARITIME OTHER TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT

SOURCE: Global Container International LLC

Copyright Business Wire 2018.

PUB: 08/13/2018 05:36 PM/DISC: 08/13/2018 05:36 PM

http://www.businesswire.com/news/home/20180813005669/en