Triton International Announces Pricing of Public Offering of Series G Preference Shares

Company Overview - Triton International Limited is the world's largest lessor of intermodal freight containers, with a fleet exceeding 7 million twenty-foot equivalent units (TEU) of owned and managed containers [8]. Offering Details - The company announced the pricing of an underwritten offering of 7,000,000 Series G Cumulative Redeemable Perpetual Preference Shares at a liquidation preference of $25.00 per share, resulting in gross proceeds of $175,000,000 [1]. - The net proceeds from the offering will be used for general corporate purposes, including the purchase of containers, payment of dividends, and repayment or repurchase of outstanding indebtedness [2]. - The offering is expected to close on January 12, 2026, subject to customary closing conditions, and the Series G Preference Shares will be listed on the New York Stock Exchange under the symbol "TRTN PRG" [2]. Management and Underwriters - Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and UBS Investment Bank are acting as joint book-running managers for the offering, while Brookfield Capital Solutions, Huntington Securities, Inc., and Regions Securities LLC are co-managers [2].