---
schema_version: "secwatch.filing_event.v1"
accession: "0001660734-23-000082"
form_type: "8-K"
ticker: "TRTN-PA"
cik: "0001660734"
company_name: "Triton International Ltd"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:27:48.469911+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Triton International upsizes accordion feature to $500M and draws full amount on term loan

## Summary
- Third Amendment to Term Loan Agreement increased accordion feature from $200M to $500M.
- Borrowers exercised accordion and borrowed entire $500M on September 1, 2023.
- Aggregate principal outstanding under Term Loan Agreement now $1.532 billion.
- Amendment extends availability period for accordion; PNC Bank remains administrative agent.

## SEC filing metadata
- accession: 0001660734-23-000082
- form_type: 8-K
- ticker: TRTN-PA
- cik: 0001660734
- company_name: Triton International Ltd
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000082/0001660734-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000082/trtn-20230901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001660734-23-000082
- JSON: https://secwatch.observer/filing/0001660734-23-000082.json
- Plain text: https://secwatch.observer/filing/0001660734-23-000082.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000082/0001660734-23-000082-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000082/0001660734-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.