Textainer Group Holdings Limited Announces the Filing of Registration Statement for Initial Public Offering of Common Shares


  View printer-friendly version

<<  Back
Textainer Group Holdings Limited Announces the Filing of Registration Statement for Initial Public Offering of Common Shares

Hamilton, Bermuda, September 26, 2007 – Textainer Group Holdings Limited announced today that it has filed a registration statement, which is not yet effective, with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares. The proposed offering will also include common shares subject to issuance pursuant to an over-allotment option to be granted to the underwriters.

Credit Suisse Securities (USA) LLC and Wachovia Capital Markets, LLC will act as joint book running managers for the proposed offering with Jefferies & Company, Inc., Piper Jaffray & Co. and Fortis Securities LLC acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus for the proposed offering may be obtained, when available, by writing or telephoning the prospectus department at Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, (800) 221-1037 or Wachovia Securities, 375 Park Avenue, New York, NY 10152, (800) 326-5897.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction.

For more information, contact:

Mr. Tom Gallo
Compliance Officer

About Textainer Group Holdings Limited

Textainer has operated since 1979 and is the world’s largest lessor of intermodal containers based on fleet size. We lease containers to more than 300 shipping lines and other lessees. We principally lease dry freight containers, which are by far the most common of the three principal types of intermodal containers. We have also been one of the largest purchasers of new containers among container lessors over the last 12 years. We believe we are also one of the two largest sellers of used containers among container lessors for the last five years.