Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Triton International Ltd incurred term loan of $500 million with PNC Bank, National Association.
- Instrument
- term loan
- Principal
- $500 million
- Counterparty
- PNC Bank, National Association
- Event
- incurrence
Exact text from the filing
The Amendment increased the size of the accordion feature under the Term Loan Agreement to allow the Borrowers to increase the aggregate commitment amount under the Term Loan Agreement by up to an additional $500 million (the “Accordion Amount”) from $200 million, subject to the terms and conditions set forth in the Term Loan Agreement.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Triton International Ltd amended Third Amendment with PNC Bank, National Association, as administrative agent, and various lenders party thereto valued at $500 million (effective 2023-09-01).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- PNC Bank, National Association, as administrative agent, and various lenders party thereto
- Value
- $500 million
- Effective
- 2023-09-01
Exact text from the filing
Triton Container International Limited and TAL International Container Corporation, as borrowers (the “Borrowers”), entered into a Third Amendment (the “Amendment”) to the Borrowers’ existing $1.2 billion Amended and Restated Term Loan Agreement (the “Term Loan Agreement”) with PNC Bank, National Association, as administrative agent, and various lenders party thereto. The Amendment increased the size of the accordion feature under the Term Loan Agreement to allow the Borrowers to increase the aggregate commitment amount under the Term Loan Agreement by up to an additional $500 million
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