General Finance Corporation (NASDAQ:GFN) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
| Entry Into a Material Definitive Agreement | |||||
| Item 8.01 | Other Events | ||||
| Item 9.01 | Financial Statements and Exhibits | ||||
| Exhibit 10.1 | Underwriting Agreement dated April 18, 2017 between D.A. Davidson Co. and General Finance Corporation | ||||
| Exhibit 99.1 | Press Release of GFN dated April 18, 2017 | ||||
| Exhibit 99.2 | Press Release of GFN dated April 18, 2017 |
General Finance Corporation (“GFN”) entered into that certain
Underwriting Agreement (the “Underwriting Agreement”). to the
Underwriting Agreement, GFN agreed to issue and sell to DA
Davidson (the “Underwriter”) $5,390,000 aggregate principal
amount of its 8.125% senior notes due 2021 (the “Notes”). The
Notes will be issued on April 24, 2017 to an indenture dated as
of June 18, 2014, as supplemented by a second supplemental
indenture to be dated as of April 24, 2017. to the Underwriting
Agreement, GFN must pay the Underwriters an underwriting fee
equal to 3.5% of the gross proceeds of the sale of the Notes.
qualified in its entirety by the Underwriting Agreement, which is
attached hereto as Exhibit 10.1 hereto and is incorporated by
reference herein.
notes offering.
attached as Exhibit 99.1 and is incorporated by reference herein.
due 2021.
attached as Exhibit 99.2 and is incorporated by reference herein.
| Exhibit | Exhibit Description |
| 10.1 | Underwriting Agreement dated April 18, 2017 between D.A. Davidson Co. and General Finance Corporation |
| 99.1 | Press Release of GFN dated April 18, 2017 |
| 99.2 | Press Release of GFN dated April 18, 2017 |
About General Finance Corporation (NASDAQ:GFN)
General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas that include its four operating segments: the Asia-Pacific area, consisting of the leasing operations of Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf), and North America, consisting of the combined leasing operations of Pac-Van, Inc. and its Canadian subsidiary, PV Acquisition Corp. (Pac-Van) and Lone Star Tank Rental Inc. (Lone Star), and the manufacturing operations of GFN Manufacturing Corporation and its subsidiary, Southern Frac, LLC (Southern Frac). As of June 30, 2016, the Company provided its storage solutions to over 41,000 customers across a range of industries, including commercial, construction, retail, transportation, education and others. General Finance Corporation (NASDAQ:GFN) Recent Trading Information
General Finance Corporation (NASDAQ:GFN) closed its last trading session down -0.10 at 4.85 with 5,902 shares trading hands.
