GFN - General Finance to redeem remaining 8.125% senior notes

General Finance (GFN) will redeem its remaining outstanding 8.125% senior notes due July 2021.On Jan. 15, 2021, the company will redeem the remaining $11.6M of the issued and outstanding principal amount of the notes.The redemption price will be $25/note (equal to 100% of the notes' original principal amount), plus accrued and unpaid interest through, but excluding, the redemption date.Borrowings from its North American senior credit facility will be used to fund the redemption which was amended to allow the use of the borrowings for the redemption and extend the maturity of the facility to July 31, 2025, subject to extension up to Dec. 14, 2025 as provided in the amendment.

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General Finance to redeem remaining 8.125% senior notes