Trencor

newsheader

Textainer announces early repayment of debt

TRENCOR LIMITED

(Incorporated in the Republic of South Africa)

(Registration No 1955/002869/06)

Share Code: TRE

ISIN: ZAE000007506

(“Trencor”)

TEXTAINER ANNOUNCES EARLY REPAYMENT OF DEBT

We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 48% beneficiary interest:

“Hamilton, Bermuda - (Business Wire) - Apr. 18, 2017 - Textainer Group Holdings Limited (NYSE: TGH) (“Textainer” or the “Company”), one of the world’s largest lessors of intermodal containers, today announced that Textainer Marine Containers III Limited, which is an indirect wholly-owned subsidiary of the Company, will be prepaying at par plus accrued interest (i) the Textainer Marine Containers III Limited Series 2013-1 Notes, and (ii) the Textainer Marine Containers III Limited Series 2014-1 Notes, with a total aggregate principal balance of more than $424 million on April 20, 2017. The Company intends to fund the repayment of these notes with proceeds from a new debt facility arranged by several financial institutions.

Textainer Group Holdings Limited
Hillary C. Terry, III, +1 415-658-8214
Executive Vice President and Chief Financial Officer
This email address is being protected from spambots. You need JavaScript enabled to view it.

Trencor Services (Pty) Ltd
Secretaries
19 April 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Home News 2017 News Textainer announces early repayment of debt

About Trencor

TRENCOR LIMITED is an investment holding company listed on the JSE. Trencor benefits from operations that focus on owning, leasing, managing and trading marine cargo containers worldwide, and related finance activities. Trencor has a beneficiary interest in Textainer.

Legal Notice

The use of this site and all the information on it and on any links is subject to a full disclaimer and exclusion of liability for any negligence, misrepresentation, misstatement or otherwise of Trencor Limited in relation thereto. Copyright © , Trencor. All Rights Reserved.