Penske Truck Leasing Canada completes C$375 million senior note offering
Date Closed
February 1, 2013
Lead Office
Toronto
Value
375.00 Million CAD
On February 1, 2013, Penske Truck Leasing Canada Inc., a wholly owned subsidiary of Penske Truck Leasing Co., L.P. (“Penske”) completed a private placement offering of C$375 million aggregate principal amount of 3.65% Senior Notes (the “Notes”) due February 1, 2018. The Notes were unconditionally guaranteed as to principal and interest by Penske. The offering was underwritten by RBC Dominion Securities Inc. and Scotia Capital Inc.
Penske Truck Leasing Co, headquartered in Reading, Pennsylvania, is a commercial truck leasing company.
McCarthy Tétrault LLP represented RBC Dominion Securities and Scotia Capital, the underwriters, with a team led by Shea Small.
