IPO - Triton International Ltd
Form Type: 8-A12B
Filing Date: 2025-02-06
Corporate Action: Ipo
Type: New
Accession Number: 000119312525021807
Filing Summary: Triton International Limited filed a Form 8-A12B for the registration of its 7.625% Series F Cumulative Redeemable Perpetual Preference Shares with a par value of $0.01 per share and a liquidation preference of $25.00 per share. This registration is a part of the offering detailed in the prospectus supplement dated January 30, 2025, and the base prospectus dated January 10, 2024, which relate to its Registration Statement on Form F-3 (File No. 333-283474), declared effective on January 10, 2025. The shares will be listed on The New York Stock Exchange.
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Additional details:
Title Of Each Class: 7.625% Series F Cumulative Redeemable Perpetual Preference Shares
Name Of Each Exchange: The New York Stock Exchange
Liquidation Preference: $25.00 per share
Securities Act Registration Statement File Number: 333-283474
Date Of Byelaws: April 27, 2021
Date Of Memorandum Of Association: September 29, 2015
Date Of Amendment To Memorandum: September 28, 2023
Exhibit 4 1: Certificate of Designations of 7.625% Series F Cumulative Redeemable Perpetual Preference Shares filed on February 6, 2025
Form Type: 424B5
Filing Date: 2025-01-30
Corporate Action: Ipo
Type: New
Accession Number: 000119312525016492
Filing Summary: Triton International Limited is offering Series F Cumulative Redeemable Perpetual Preference Shares with a liquidation preference of $25.00 per share. Dividends are cumulative from the date of original issue and payable quarterly, starting March 15, 2025. The Series F Preference Shares will be redeemable at Triton's option starting March 15, 2030, or following specific events such as a Change of Control or a Rating Agency Event. The company aims to list these new shares on the New York Stock Exchange under the symbol 'TRTN PRF'. Brookfield Infrastructure intends for Triton to distribute equity interests in Triton Container Finance VIII LLC to a direct parent company, which affects shareholders' equity significantly. Approval from regulatory authorities is necessary before finalizing this distribution, anticipated in the first half of 2025, creating potential uncertainties regarding completion timelines.
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Additional details:
Shares Offered: of our % Series F Cumulative Redeemable Perpetual Preference Shares
Initial Dividend Payment Date: March 15, 2025
Redemption Price: $25.00 per share
Change Of Control Redemption Price: $25.00 per share, plus unpaid dividends
Rating Agency Event Redemption Price: $25.50 per share, plus unpaid dividends
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