Textainer Group Holdings Limited’s $150 Million Public Offering

Textainer Group Holdings Limited's $150 Million Public Offering

Conyers, working alongside US Counsel O’Melveny & Myers LLP, acted for Textainer Group Holdings Limited on its issuance of depositary shares.

On 13 April 2021, Textainer Group Holdings Limited completed its public offering of 6,000,000 depositary shares, each representing a 1/1,000th interest in a share of its 7.00% Series A Cumulative Redeemable Perpetual Preference Shares, par value $0.01 per share and $25,000 liquidation preference per share (equivalent to $25.00 per depositary share), for an aggregate public offering price of US$150,000,000. The depositary shares are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission.

Director Sophia Greaves (Picture) and Associates Andrew Barnes and Jacari Brimmer-Landy of Conyers’ Bermuda office advised on the matter.

Involved fees earner: Andrew Barnes – Conyers Dill & Pearman; Jacari Brimmer-Landy – Conyers Dill & Pearman; Sophia Greaves – Conyers Dill & Pearman;

Law Firms: Conyers Dill & Pearman;

Clients: Textainer Group Holdings Limited;

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