Shipping container lessor Triton International (TRTN) has priced the previously announced new preferred stock offering.
The company has priced 7 million shares at a coupon of 5.75%.
This issue is rated BB by S&P–this is a 1 notch upgrade from previous issues. Fitch rates this issue BB-
This issue will trade immediately under OTC grey market ticker TTRNV. Look for this temporary ticker to change in a day or two.