Container lessor Triton International (TRTN) has announced a new offering of preferred shares.
The company already has 2 other issues outstanding which can be seen here. These are high yield shares which have traded in the $26-$27 area.
We note that being a lessor of containers this company will be very sensitive to global economic conditions and while their common and preferred shares have traded strongly this is subject to sharp changes in a recession (at least that is my opinion). These shares are rated B+ by S&P.
As always numerous folks were on this one quick on the Reader Initiated Alerts page.