Triton International Announces Strategic Long-Term Partnership with Sumitomo Mitsui Finance and Leasing Company
As part of this transaction, SMFL has acquired a minority stake in Triton Container Finance VIII LLC, one of Triton’s leased container portfolios, and will have the option to invest in additional Triton assets over time.
Brian Sondey, Triton’s Chief Executive Officer commented, “We are excited about this investment by SMFL, a global leader in leasing and equipment finance. Over the past 60 years, SMFL has built a strong portfolio of operating assets. We look forward to growing this partnership for many years to come.”
Masaki Tachibana, SMFL’s President commented, “This transaction marks SMFL’s entry into the container leasing sector and we are very pleased that it will be in partnership with the largest container leasing business in the world.”
About Triton
Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of approximately 7 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.
About SMFL
Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) is a leading leasing company in
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Jeremy Glick
VP, Treasurer
Tel: +1 (914) 697-2900
Email: jglick@trtn.com
Source: Triton International Limited