Company: TRTN-PA
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001660734-25-000025
Chunk: 20

Company: Triton International Ltd
Filing Date: 2025-08-01
Form: 6-K
Chunk 20
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 (in whole or in part) at the Company's option at any time prior to the maturity date, subject to certain provisions in the senior note agreements, including the payment of a make-whole premium with respect to such prepayment.

Credit Facility

The Company's credit facility has a maturity date of July 9, 2029 and includes a $ 2,000.0million revolving credit tranche and a term loan tranche. Term loan borrowings under the facility amortize in quarterly installments. The interest rate under the credit facility is daily SOFR plus 1.30%. The credit facility is subject to covenants customary for financings of this type, including financial covenants that require the Company to maintain a minimum ratio of unencumbered assets to certain financial indebtedness.

Derivative Impact on Debt

The Company hedges the risks associated with fluctuations in interest rates on a portion of its floating-rate debt by entering into interest rate swap agreements that convert a portion of its floating-rate debt to a fixed rate basis, thus reducing the impact of interest rate changes on future interest expense.

The following table summarizes the Company's outstanding fixed-rate and floating-rate debt as of June 30, 2025:

| Excluding impact of derivative instruments: |     | Balance Outstanding (in thousands) |           |     | Contractual Weighted Avg Interest Rate 
 From                                   |     | Maturity Range 
 To             |     |          |     | Weighted Avg Remaining Term |
|:--------------------------------------------|:----|:-----------------------------------|----------:|:----|:---------------------------------------|:----|:---------------|:----|:---------|:----|:----------------------------|
| Fixed-rate debt                             |     | $                                  | 3,669,435 |     | 3.40%                                  |     | Apr 2026       |     | Mar 2035 |     | 4.3 years                   |
| Floating-rate debt                          |     | $                                  | 3,015,000 |     | 5.76%                                  |     | Jul 2029       |     | Jan 2031 |     | 3.8 years                   |
| Including impact of derivative instruments: |     |                                    |           |     |                                        |     |                |     |          |     |                             |
| Fixed-rate debt                             |     | $                                  | 3,669,435 |     | 3.40%                                  |     |                |     |          |     |