Business: Triton International Ltd., 7.625% Series F Cumulative Redeemable Perpetual Preference Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 3/15/2030 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. <p> Cumulative distributions of 7.625% per annum ($1.90625 per annum or $0.476563 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be the fifth business day prior to the payment date (NOTE: the ex-dividend date is the record date). Dividends paid by these preference shares are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) but, since they are issued by a foreign company, are NOT eligible for the dividends received deduction for corporate holders This company may lose its preferential tax rate if it is classified as a Passive Foreign Investment Company in this or a future tax year (see page S-29 of the prospectus for further information). </p> Upon the occurrence of a Change of Control Triggering Event, the Issuer may redeem the Series A Preference Shares by paying $25.00 per Series A Preference Share, plus all accumulated and unpaid dividends. Upon the occurrence of a Change of Control Triggering Event, each holder of Series A Preference Shares will have the right (unless the Issuer has provided notice of its election to redeem the Series A Preference Shares) to convert some or all of the Preference Shares into a number of shares of the Issuer’s common shares (see prospectus for further information). This security is possibly subject to an early call before 03/15/2030 at $25.50 (102%) of their principal amount plus accrued and unpaid interest within 90 days of the occurrence of a rating agency event (see prospectus for further information).</p> This security was rated as BB+ by S&P at the date of its IPO. This security was rated as BB by Fitch Ratings Co. at the date of its IPO. In regard to the payment of dividends and upon liquidation, the preference shares rank junior to the company's senior debt, equally with other preference shares of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.