Triton plans 10-year guaranteed fixed-rate notes via six bookrunners

By Devika Patel

Knoxville, Tenn., Jan. 11 – Triton International Ltd. subsidiaries Triton Container International Ltd. and TAL International Container Corp. expect to sell fixed-rate senior notes due 2032, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are guaranteed by the parent.

The notes feature a make-whole call until three months prior to maturity and then a par call.

Citigroup Global Markets Inc., ING Financial Markets LLC, Wells Fargo Securities LLC, Fifth Third Securities Inc., MUFG and Truist Securities Inc. are the bookrunners.

Proceeds will be used to repay debt under the company’s revolving credit facility.

The lessor of intermodal freight containers has headquarters in Hamilton, Bermuda.

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