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home / news releases / TGH - Textainer priced 6M depositary shares offering


TGH - Textainer priced 6M depositary shares offering

Textainer (TGH) priced its 6M depositary shares, each representing a 1/1,000th interest in a share of its 7.00% Series A Cumulative Redeemable Perpetual Preference Shares, par value $0.01 per share and $25K liquidation preference per share, for public offering price of $150M.Proceeds to be used for general corporate purposes, including the purchase of additional containers.Offer expected to close on Apr.13.The company plans to list the depositary shares on NYSE under the symbol, 'TGH PRA'.Shares trading 0.97% down premarket

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Textainer priced 6M depositary shares offering
Stock Information

Company Name: Textainer Group Holdings Limited
Stock Symbol: TGH
Market: NYSE
Website: textainer.com

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