{"id":412552,"date":"2021-01-11T17:05:50","date_gmt":"2021-01-11T22:05:50","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=412552"},"modified":"2021-01-11T17:05:50","modified_gmt":"2021-01-11T22:05:50","slug":"general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/","title":{"rendered":"General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">PASADENA, Calif., Jan.  11, 2021  (GLOBE NEWSWIRE) &#8212; General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), confirmed that on January 15, 2021 (as previously announced on December 16, 2020) it will complete the redemption of its remaining $11.6 million outstanding 8.125% Senior Notes due July 2021 (the \u201cNotes\u201d). 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, January 15, 2021. It is expected that the last day of trading of the Notes will be January 14, 2021.<\/p>\n<p>As a result of the redemption of the Notes in their entirety, the Notes will be delisted from the NASDAQ Global Market Stock Exchange where they previously traded under the symbol \u201cGFNSL.\u201d The Company intends to file a Form 25 with the Securities and Exchange Commission on January 22, 2021.<\/p>\n<p>\n        <strong><br \/>\n          <u>About General Finance Corporation <\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Headquartered in\u00a0Pasadena, California,\u00a0General Finance Corporation\u00a0(NASDAQ: GFN, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZqzKwAlUJxOwVmernYLYQmny7fNphcomF3KFPof4NY12WsF18jfge-_BT7JQHH5n_KppjjX5wUAhBxkk6ovoCTVULDyIfrXISCI7i3TTWNU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">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 (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7WbgqrbWX5Fwju55IWEoXwfcyxDIQRbmTD7epIzmFHOOhwNIRDzvjbOS1BcmSZ2M96LaHm61glurkrc7thypR5l8eO9G3sHy6nhc0zA9ELw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">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.(<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yRoRysV8Em1xOfHgTfigtn7bHoAr4b5vMB89wkZWnPdPTMBAIe1eek2k5OnwekAbriuqunz2962Lc2xN-DpcbA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.pacvan.com<\/a>) and\u00a0Lone Star Tank Rental Inc. (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=F-lQ94pLQCMCMhwS9aGbDqKJ7U5LbhTsNiDKKIVaI-NFcXzvPkaqlDIz0JSspQ3Qk4GLpBKQuk_r9bUUMv2T9H-IhvYSHaCx6Zpv5QR81-s=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">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 (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=axRKIMF18W08AwW2TG11Dm1kJO5Z0zFBFMLHVfZ1jUm_ebN2CuQKimmuLj774KG9i0Py_F8uGLEO9RXuVZG1ZXXxFi4Yyj6h5PHmue0jsKk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.southernfrac.com<\/a>), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=axRKIMF18W08AwW2TG11Dv0mJuLSyC2EONXpN4hR4p8SIHYX0j7FHoJDhptCoxhX52QBELa-8qHtaoLoKazLnlKsVfy-ggBtqcalFUoQjavfnM014gTFt8tZIdwHroIqsEjJsKo7sd1OgoVAxjWf5g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.southernfabricationspecialties.com<\/a>), other steel-related products in North America.<\/p>\n<p>\n        <strong><br \/>\n          <u>Investor Contact<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Larry Clark<br \/>Financial Profiles, Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LfyHElpO0zAEmgmD4V6s03fQ8QFFCt__6bSP1oV79f2DMC_Jqq3Aj5QFGbY3osneYKxZW4V_VQxIMfc6G7Sv8rB65jR-b2FF8k0QIFzDEJM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lclark@finprofiles.com<\/a><br \/>310-622-8223\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDAwNyMzOTEzOTQxIzIwMjc3ODI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e965d0dd-c61d-4995-9b29-c9b2e73fad11\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PASADENA, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) &#8212; General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), confirmed that on January 15, 2021 (as previously announced on December 16, 2020) it will complete the redemption of its remaining $11.6 million outstanding 8.125% Senior Notes due July 2021 (the \u201cNotes\u201d). 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, January 15, 2021. It is expected that the last day of trading of the Notes will be January 14, 2021. As a result of the redemption of the Notes in their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021&#8221;<\/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-412552","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>General Finance Corporation Confirms Full 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-confirms-full-redemption-of-8-125-senior-notes-due-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PASADENA, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) &#8212; General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the \u201cCompany\u201d), confirmed that on January 15, 2021 (as previously announced on December 16, 2020) it will complete the redemption of its remaining $11.6 million outstanding 8.125% Senior Notes due July 2021 (the \u201cNotes\u201d). 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, January 15, 2021. It is expected that the last day of trading of the Notes will be January 14, 2021. 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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, January 15, 2021. It is expected that the last day of trading of the Notes will be January 14, 2021. As a result of the redemption of the Notes in their &hellip; Continue reading \"General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-11T22:05:50+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDAwNyMzOTEzOTQxIzIwMjc3ODI=","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-confirms-full-redemption-of-8-125-senior-notes-due-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021","datePublished":"2021-01-11T22:05:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/"},"wordCount":324,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDAwNyMzOTEzOTQxIzIwMjc3ODI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/general-finance-corporation-confirms-full-redemption-of-8-125-senior-notes-due-2021\/","name":"General Finance Corporation Confirms Full Redemption of 8.125% Senior Notes Due 2021 - 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