Penske Truck Leasing Canada Inc. completes offering of C$150M of 3.70% Senior Notes due October 1, 2027
Date Closed
October 1, 2024
Lead Office
Toronto
Value
150.00 Million CAD
On October 1, 2024, Penske Truck Leasing Canada Inc., a wholly owned subsidiary of Penske Truck Leasing Co., L.P. (“Penske”), completed its offering of C$150 million aggregate principal amount of 3.70% Senior Notes due October 1, 2027 and guaranteed by Penske. The offering was underwritten by RBC Dominion Securities Inc., Scotia Capital Inc., and CIBC World Markets Inc.
Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a commercial truck leasing company.
McCarthy Tétrault assisted the underwriters with a team led by Jo-Anna Brimmer that included Eric Frydrych, Jonathan Leung (Business), Jeff Oldewening and Kathryn Walker (Tax).