Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Triton International Ltd    TRTN   BMG9078F1077

TRITON INTERNATIONAL LTD

(TRTN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Triton International : Completes Public Offering of Series B Preference Shares

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/25/2019 | 03:20pm EDT

Yesterday Triton International Limited (“Triton” or the “Company”) (NYSE:TRTN) completed its previously announced preferred equity offering of 8.0% Series B Cumulative Redeemable Perpetual Preference Shares, raising gross proceeds of $143.8 million including the full exercise by the underwriters of their over-allotment option.

“We are very pleased to have completed our second issuance of perpetual preferred shares,” commented Brian M. Sondey, Chief Executive Officer of Triton International Limited. “We continue to believe the fixed-for-life preferred shares provide an attractive combination of risk protection and cost and are a valuable addition to our capital structure. In addition, our Series B issuance reflected a 50 basis points improvement in pricing from our initial offering of preferred shares in March.”

About Triton International Limited

Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of 6.1 million twenty-foot equivalent units ("TEU"), Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRITON INTERNATIONAL LTD
07/11TRITON INTERNATIONAL LIMITED : Announces Date for Second Quarter 2019 Earnings R..
BU
06/25TRITON INTERNATIONAL : Completes Public Offering of Series B Preference Shares
BU
06/20TRITON INTERNATIONAL LTD : Amendments to Articles of Inc. or Bylaws; Change in F..
AQ
06/17TRITON INTERNATIONAL : Announces Pricing of Public Offering of Series B Preferen..
BU
06/05TRITON INTERNATIONAL LTD : Ex-dividend day for
FA
05/22TRITON INTERNATIONAL LTD : Entry into a Material Definitive Agreement, Creation ..
AQ
05/22TRITON INTERNATIONAL LIMITED : Extends and Reprices $1.125 Billion Revolving Cre..
BU
04/30TRITON INTERNATIONAL LTD : Submission of Matters to a Vote of Security Holders (..
AQ
04/30TRITON INTERNATIONAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITI..
AQ
04/30TRITON INTERNATIONAL LTD : Results of Operations and Financial Condition, Financ..
AQ
More news
Financials (USD)
Sales 2019 1 400 M
EBIT 2019 724 M
Net income 2019 362 M
Debt 2019 -
Yield 2019 6,32%
P/E ratio 2019 7,01x
P/E ratio 2020 6,81x
Capi. / Sales2019 1,78x
Capi. / Sales2020 1,71x
Capitalization 2 498 M
Chart TRITON INTERNATIONAL LTD
Duration : Period :
Triton International Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TRITON INTERNATIONAL LTD
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 39,60  $
Last Close Price 32,93  $
Spread / Highest target 42,7%
Spread / Average Target 20,3%
Spread / Lowest Target -8,90%
EPS Revisions
Managers
NameTitle
Brian Mead Sondey Chairman & Chief Executive Officer
John F. O’Callaghan EVP, Global Head-Field Marketing & Operations
John Burns Chief Financial Officer
Simon R. Vernon Director
Robert W. Alspaugh Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TRITON INTERNATIONAL LTD7.95%2 455
MSA SAFETY INC13.89%4 009
BIC-21.31%3 530
STEELCASE INC.17.53%2 014
COTT CORP-11.20%1 761
HNI CORP-1.86%1 476