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Security Details
- Coupon Rate
- 7.50%
- Liquidation Preference
- $25.00
- Call Price
- $25.00
- Call / Redemption Date
- 3/15/2031
- Maturity Date
- None
- Distribution Period
- Q
- Rate Type
- Fixed
- Annual Distribution
- 1.875
- Distribution Dates
- 3/15, 6/15, 9/15 & 12/15
- Credit Ratings
- Moody's NR · S&P NR (1/8/2026)
- Tax-Advantaged Dividends
- No
Security Profile
- CUSIP
- G9078F305
- IPO
- 1/7/2026 · $25.00/share
- Previous Symbol
- TRTGF (changed 1/16/2026)
- Parent Company
- Brookfield Infrastructure Corp (BIPC)
Business: Triton International Ltd., 7.50% Series G Cumulative Redeemable Perpetual Preference Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 03/15/2031 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. <p> Cumulative distributions of 7.50% per annum ($1.875 per annum or $0.46875 per quarter) will be paid quarterly on 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 will generally be taxed as ordinary income to U.S. Holders to the extent that they are paid out of the company's current or accumulated earnings and profits, as determined under U.S. federal income tax principles. To the extent that the amount of any distribution exceeds its current and accumulated earnings and profits for a taxable year, the excess will first be treated as a tax-free return of capital to the extent of the holder’s adjusted basis in the Series G Preference Share, causing a reduction in such adjusted basis in the same amount. Dividends paid by preferreds issued by foreign companies classified as Passive Foreign Investment Company (PFIC) are NOT eligible for the preferential 15% to 20% tax rate on dividends and, since they are issued by a foreign company, are NOT eligible for the dividends received deduction for corporate holders. This company may lose its PFIC designation in this or a future tax year (see page S-32 of the prospectus for further information). </p> Upon the occurrence of a Change of Control Triggering Event, the Issuer may redeem the Series G Preference Shares by paying $25.00 per Series G Preference Share, plus all accumulated and unpaid dividends. <p> The Company may redeem the Preference Shares before 03/15/2031 at $25 (100%) of their principal amount plus accrued and unpaid dividends, if a regulatory capital event occurs; before 03/15/2031 at $25.50 (102%) of their principal amount plus accrued and unpaid dividends if a rating agency event occurs. (see prospectus for further information). <p> This security was not rated by Moody’s or S&P at the time 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.
Notes: The Series G Preference Shares, were issued on 01/7/2026 and are expected to begin trading on the NYSE within 30 days of their issue date. The shares may start interim trading on the Other OTC market but we are not aware that they have done so to date.
Company Contact
- CEO
- Brian M. Sondey
- CFO
- Michael Pearl
- Headquarters
- 100 Manhattanville Road, Purchase, NY 10577
- Phone
- 914-251-9000
- Investor Relations
- Andrew Greenberg · 914-697-2900 · trtn.investors@trtn.com