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Triton International Limited - TRTN STOCK NEWS

Welcome to our dedicated page for Triton International news (Ticker: TRTN), a resource for investors and traders seeking the latest updates and insights on Triton International stock.

Triton International Limited (symbol: TRTN) is a leading global leasing company specializing in marine intermodal cargo containers. Established in 1980, Triton has become the largest owner-lessor of these containers worldwide. The company prides itself on its superior quality fleet, which includes dry van, refrigerated, flat rack, and open top equipment. Triton's fleet is recognized for being one of the youngest and most uniform in the industry.

Through its extensive network of regional service subsidiaries, agents, and depots, Triton offers unparalleled customer service. The company is committed to meeting the diverse needs of its clients by providing equipment in high-demand locations with flexible and competitive lease terms. Triton's experienced staff ensures the consistent availability and maintenance of its fleet, making it a reliable partner for businesses worldwide.

In addition to its core leasing operations, Triton is actively engaged in various projects aimed at expanding its market presence and enhancing service quality. The company's strategic partnerships and innovative solutions contribute to its robust financial condition and sustained growth. Triton's dedication to quality and customer satisfaction has earned it a selective lessee portfolio, further cementing its status as an industry leader.

For the latest updates and news about Triton International Limited, stay tuned to this page.

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Triton International Limited (NYSE:TRTN) will hold its first quarter 2022 earnings conference call on May 3, 2022, at 8:30 a.m. ET. The earnings announcement and presentation will be available on its website by 7:00 a.m. the same day. Triton is the largest lessor of intermodal freight containers, operating a fleet exceeding 7 million TEUs. For those wishing to participate, a live teleconference will be accessible via domestic and international dialing options. An archive of the Webcast will be available shortly after the live call.

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Triton International Limited (NYSE:TRTN) announced it will host its fourth quarter and full year 2021 earnings conference call on February 15, 2022, at 8:30 a.m. Eastern Time. The earnings announcement and presentation will be accessible by 7:00 a.m. the same day on the company's website. Triton is the largest lessor of intermodal freight containers globally, with a fleet of 7.1 million twenty-foot equivalent units (TEU). Investors can join the call by phone or via a Webcast, which will be archived for later access.

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Triton International Limited (NYSE:TRTN) announced a public offering of $600 million in 3.250% Senior Notes due 2032, priced at 99.600% of the principal amount. The offering is expected to close on January 19, 2022, contingent on customary closing conditions. Proceeds will be used to repay borrowings from the company's revolving credit facility. The offering follows an effective shelf registration statement filed with the SEC. Citigroup, ING, Wells Fargo, Fifth Third, MUFG, and Truist are the joint book-running managers for this issuance.

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Triton International Limited (NYSE: TRTN) will host a virtual investor day on November 17, 2021 at 10:30 a.m. ET. The executive team will discuss current market trends and Triton's performance, highlighting long-term benefits from the market and shareholder value creation. A Q&A session will follow the presentations. The event can be accessed through Triton's website, where presentation materials and an archived replay will be available.

Triton is the largest lessor of intermodal freight containers, managing a fleet of 7.1 million TEU.

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Triton International Limited (NYSE:TRTN) will host its third quarter 2021 earnings conference call on October 26, 2021, at 8:30 a.m. ET. The earnings announcement will be made available at 7:00 a.m. the same day on www.trtn.com. The live call will be accessible via phone and Webcast, with an archive available one hour post-call. Triton is the largest global lessor of intermodal freight containers, operating a fleet of 6.9 million TEUs, and is engaged in the acquisition, leasing, and sale of various intermodal containers and chassis.

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Triton International Limited (NYSE: TRTN) has announced a transition to primarily unsecured debt in its capital structure. Its subsidiary, Triton Container International Limited, amended its revolving credit facility, increasing the borrowing limit to $2 billion and extending the maturity date to October 14, 2026. Additionally, $2.3 billion of outstanding senior secured notes will now be unsecured. The company aims to enhance its financing structure for improved flexibility and competitiveness while maintaining strong financial performance.

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Triton International Limited (NYSE:TRTN) has appointed Niharika Taskar Ramdev to its Board of Directors, expanding the board to 10 members. Ms. Ramdev, a seasoned finance executive, brings over 20 years of global experience from General Motors, where she held various CFO positions. Her expertise in finance, risk management, and international operations is anticipated to enhance Triton’s growth and shareholder value. Triton is the world’s largest lessor of intermodal freight containers, operating a fleet of 6.9 million TEU.

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Triton International Limited (NYSE:TRTN) has declared an initial cash dividend of US$0.1078125 per share on its 5.75% Series E Cumulative Redeemable Perpetual Preference Shares. This dividend will be payable on September 15, 2021, to shareholders of record as of September 8, 2021. The declaration signifies Triton's commitment to returning value to its investors, covering the period from August 18, 2021, to September 15, 2021. Triton operates the world's largest fleet of intermodal freight containers.

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Triton International Limited (NYSE:TRTN) announced the pricing of 7,000,000 Series E Cumulative Redeemable Perpetual Preference Shares at $25.00 each, raising $175 million. The offering, expected to close on August 18, 2021, aims to finance general corporate purposes, including container purchases, stock repurchases, dividends, and debt repayments. Leading financial institutions are managing the offering, which is being made under an effective SEC registration statement.

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Triton International Limited (NYSE:TRTN) announces that CEO Brian Sondey will participate in a fireside chat at the Jefferies Virtual Industrials Conference on August 4, 2021, at 1:30 p.m. ET. Investors can access a live webcast and archived replay through Triton's website. Triton International is the world’s leading lessor of intermodal freight containers, boasting a fleet of 6.9 million twenty-foot equivalent units (TEUs). The company specializes in the acquisition, leasing, and sale of various intermodal containers and chassis.

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FAQ

What is the market cap of Triton International (TRTN)?

The market cap of Triton International (TRTN) is approximately 4.4B.

What does Triton International Limited do?

Triton International Limited is a global leasing company specializing in marine intermodal cargo containers.

When was Triton International Limited established?

Triton International Limited was established in 1980.

What types of containers does Triton lease?

Triton leases dry van, refrigerated, flat rack, and open top containers.

How is Triton's container fleet unique?

Triton's fleet is one of the youngest and most uniform in the industry, ensuring high quality and reliability.

Where does Triton operate?

Triton operates through a worldwide network of regional service subsidiaries, agents, and depots.

How does Triton support its clients?

Triton supports its clients with flexible and competitive lease terms, providing equipment in high-demand locations.

What is Triton's commitment to customer service?

Triton is committed to providing first-class customer service through its dedicated and experienced staff.

What projects is Triton currently involved in?

Triton is involved in projects aimed at expanding its market presence and enhancing service quality.

How does Triton ensure the quality of its fleet?

Triton ensures fleet quality through rigorous maintenance protocols and a commitment to superior design.

Where can I find the latest news about Triton?

You can find the latest news and updates about Triton International Limited on this page.

Triton International Limited

NYSE:TRTN

TRTN Rankings

TRTN Stock Data

4.38B
53.77M
2.38%
75.94%
3.26%
Rental & Leasing Services
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