Company: TRTN-PA
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001193125-25-018485
Chunk: 21

Company: Triton International Ltd
Filing Date: 2025-01-31
Form: 424B5
Chunk 21
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 of a security for a particular investor and any rating of the Series F Preference Shares may not reflect all risks related to the Company and its business or market value of the Series F Preference Shares. A
credit rating does not eliminate or mitigate the risks of investing in the Series F Preference Shares. The credit rating agencies evaluate the container leasing industry as a whole and may change their credit rating for us and our securities based
on their overall view of our industry. A future downgrade, withdrawal, or the announcement of a possible downgrade or withdrawal in the ratings assigned to the Series F Preference Shares, us or our other securities, or any perceived decrease in our
creditworthiness could cause the trading price of the Series F Preference Shares to decline significantly.

The Series F Preference Shares are redeemable at our option.

We may, at our option, redeem some or all of the Series F Preference Shares on and after March 15,
2030 to the extent we have funds legally available for such purpose. It is likely that we would choose to exercise our

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optional redemption right only when prevailing interest rates have declined, which would adversely affect your ability to reinvest your proceeds from the redemption in a comparable investment
with an equal or greater yield to the yield on the Series F Preference Shares had the shares not been redeemed. We may also, at our option, redeem the Series F Preference Shares in whole, but not in part, at any time within 120 days after the
conclusion of any review or appeal process instituted by us following the occurrence of a Rating Agency Event (as defined below), or, if no review or appeal process is available or sought with respect to such Rating Agency Event, at any time within
120 days after the occurrence of such Rating Agency Event, at a redemption price in cash equal to $25.50 per share, plus all accumulated and unpaid dividends thereon to, but excluding, the date fixed for redemption, whether or not declared. In
addition, we may, at our option, redeem some or all of the Series F Preference Shares before March 15, 2030, upon the occurrence of the Change of Control or a Change of Control Triggering Event. In either case, if we redeem your Series F Preference
Shares, you will be entitled to receive a redemption price of $25.00 per share plus an amount equal to all accumulated and unpaid dividends thereon to, but excluding, the date of redemption, whether or not declared.

The amount of your liquidation preference is fixed and you