Textainer announces early repayment of debt


(Incorporated in the Republic of South Africa)

(Registration No 1955/002869/06)

Share Code: TRE

ISIN: ZAE000007506



We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 48% beneficiary interest:

“Hamilton, Bermuda - (Business Wire) - Apr. 18, 2017 - Textainer Group Holdings Limited (NYSE: TGH) (“Textainer” or the “Company”), one of the world’s largest lessors of intermodal containers, today announced that Textainer Marine Containers III Limited, which is an indirect wholly-owned subsidiary of the Company, will be prepaying at par plus accrued interest (i) the Textainer Marine Containers III Limited Series 2013-1 Notes, and (ii) the Textainer Marine Containers III Limited Series 2014-1 Notes, with a total aggregate principal balance of more than $424 million on April 20, 2017. The Company intends to fund the repayment of these notes with proceeds from a new debt facility arranged by several financial institutions.

Textainer Group Holdings Limited
Hilliard C. Terry, III, +1 415-658-8214
Executive Vice President and Chief Financial Officer
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Trencor Services (Pty) Ltd
19 April 2017

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Home News 2017 News Textainer announces early repayment of debt

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