Triton Container International Limited, a subsidiary of Triton International, priced an offering of $600 million aggregate principal amount of 2.05% senior secured notes due 2026 at an offering price of 99.896% of the principal amount thereof. The notes will be guaranteed on a senior unsecured basis by Triton International.

The offering is expected to close on April 15, subject to the satisfaction of customary closing conditions. The net proceeds from the offering are expected to be used for general corporate purposes, including the expansion of Triton Container International Limited’s container fleet and repayment of existing secured debt.

The notes and the related guarantee have not been, and will not be, registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act and to non-U.S. persons outside of the United States in compliance with Regulation S of the Securities Act.

Triton International is a lessor of intermodal freight containers.