Brief: Textainer Group Holdings To Acquire Leased Assets Pool Company Limited

Textainer group

02/12/2019 14:19

Dec 2 (Reuters) - Textainer Group Holdings Ltd  TGH.N :
    * TEXTAINER GROUP HOLDINGS LIMITED TO ACQUIRE LEASED ASSETS
POOL
COMPANY LIMITED
    * TEXTAINER GROUP HOLDINGS LIMITED TO ACQUIRE LEASED ASSETS
POOL
COMPANY LIMITED
    * TEXTAINER GROUP HOLDINGS LTD - DEAL FOR EQUITY VALUE OF
APPROXIMATELY $66 MILLION IN CASH
    * TEXTAINER GROUP HOLDINGS - CO'S WHOLLY-OWNED UNIT,
TEXTAINER
LIMITED, HAS ENTERED INTO AN AGREEMENT TO PURCHASE LEASED ASSETS
POOL COMPANY LIMITED
    * TEXTAINER GROUP HOLDINGS LTD - COMPANY INTENDS TO REPAY
LAPCO'S
EXISTING DEBT AT CLOSING AND REFINANCE LAPCO CONTAINERS WHICH
ARE MANAGED BY TEXTAINER
    * TEXTAINER GROUP HOLDINGS LTD - PERCENTAGE OF TEXTAINER'S
OWNED
FLEET WILL INCREASE TO 85.4% FROM 80.8% FOLLOWING CLOSING OF
ACQUISITION

Source text for Eikon:  ID:nPn95Z42Ra 
Further company coverage:  TGH.N 

 ((Reuters.Briefs@thomsonreuters.com;))