{"id":386721,"date":"2020-11-23T08:33:29","date_gmt":"2020-11-23T13:33:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386721"},"modified":"2020-11-23T08:33:29","modified_gmt":"2020-11-23T13:33:29","slug":"general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/","title":{"rendered":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021"},"content":{"rendered":"
\n

PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the \u201cNotes\u201d). On December 23, 2020 (the \u201cRedemption Date\u201d) the Company will redeem $8.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes. The redemption price will be $25 per Note (equal to 100% of the Notes\u2019 original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date. The Company intends to use cash on hand to fund the redemption.<\/p>\n

This press release does not constitute a notice of redemption. Beneficial holders of the Notes with any questions should contact the brokerage firm or financial institution through which they hold the Notes.<\/p>\n

The Notes selected for redemption should be presented and surrendered by mail to the office of the paying agent, Wells Fargo Bank, N.A., MAC N9300-070, 600 South Fourth Street, Minneapolis, MN 55402, Attention: Corporate Trust Operations, Phone Inquiries: (800) 344-5128.<\/p>\n

\n
\n About General Finance Corporation <\/u>
\n <\/strong>\n <\/p>\n

Headquartered in\u00a0Pasadena, California,\u00a0General Finance Corporation\u00a0(NASDAQ: GFN, www.generalfinance.com<\/a>) is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions. Management\u2019s expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Company\u2019s subsidiaries. The Company\u2019s\u00a0Asia-Pacific\u00a0leasing operations in\u00a0Australia\u00a0and New Zealand consist of wholly-owned\u00a0Royal Wolf (www.royalwolf.com.au<\/a>), the leading provider of portable storage solutions in those regions.\u00a0The Company\u2019s\u00a0North America\u00a0leasing operations consist of wholly-owned subsidiaries\u00a0Pac-Van, Inc.(www.pacvan.com<\/a>) and\u00a0Lone Star Tank Rental Inc. (www.lonestartank.com<\/a>), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings. The Company also owns\u00a0Southern Frac, LLC (www.southernfrac.com<\/a>), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties (www.southernfabricationspecialties.com<\/a>), other steel-related products in North America.<\/p>\n

\n
\n I<\/u>
\n <\/strong>
\n
\n nvestor<\/u>
\n <\/strong>
\n
\n Contact <\/u>
\n <\/strong>\n <\/p>\n

Larry Clark
Financial Profiles, Inc.
lclark@finprofiles.com<\/a>
310-622-8223<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the \u201cNotes\u201d). On December 23, 2020 (the \u201cRedemption Date\u201d) the Company will redeem $8.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes. The redemption price will be $25 per Note (equal to 100% of the Notes\u2019 original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date. The Company intends to use cash on hand to … <\/p>\n

Continue reading “General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386721","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGeneral Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the \u201cNotes\u201d). On December 23, 2020 (the \u201cRedemption Date\u201d) the Company will redeem $8.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes. The redemption price will be $25 per Note (equal to 100% of the Notes\u2019 original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date. The Company intends to use cash on hand to … Continue reading "General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T13:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021\",\"datePublished\":\"2020-11-23T13:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/\"},\"wordCount\":370,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/\",\"name\":\"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=\",\"datePublished\":\"2020-11-23T13:33:29+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/","og_locale":"en_US","og_type":"article","og_title":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk","og_description":"PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the \u201cNotes\u201d). On December 23, 2020 (the \u201cRedemption Date\u201d) the Company will redeem $8.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes. The redemption price will be $25 per Note (equal to 100% of the Notes\u2019 original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date. The Company intends to use cash on hand to … Continue reading \"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-23T13:33:29+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021","datePublished":"2020-11-23T13:33:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/"},"wordCount":370,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/","name":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=","datePublished":"2020-11-23T13:33:29+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDA4NyMzODM3ODk1IzIwMjc3ODI="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-announces-partial-redemption-of-8-125-senior-notes-due-2021-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/386721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=386721"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/386721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=386721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=386721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=386721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}