Company: TRTN-PA
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001660734-25-000034
Chunk: 26

Company: Triton International Ltd
Filing Date: 2025-11-06
Form: 6-K
Chunk 26
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 $ 300.0million and increase the weighted average remaining term to 5.3years.

In July 2025, in connection with the GCI acquisition, the Company acquired swap contracts for a fair value net liability of $ 0.5million which were immediately terminated and settled. The Company subsequently entered into swaps with a notional value of $ 400.0million and a termination date of June 2030.

In May 2025, the Company entered into swaps with a notional value of $ 400.0million and termination date of June 2035. The Company partially terminated $ 300.0million notional of these swaps in June 2025 and paid $ 1.7million.

In April 2025, the Company entered into forward starting swaps with a notional value of $ 300.0million that will commence in September 2029 and have a termination date of March 2035. These swaps were designated as cash flow hedges to fix the interest rates on a portion of the Company's floating rate debt.

The following table summarizes the impact of derivative instruments on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income on a pretax basis (in thousands):

| Non-Designated Derivative Instruments |     | Financial statement caption        |     | Three Months Ended September 30, 
 2025                             |        |     | 2024 |         |     | Nine Months Ended September 30, 
 2025                            |         |     | 2024 |         |
|:--------------------------------------|:----|:-----------------------------------|:----|:---------------------------------|-------:|:----|:-----|--------:|:----|:--------------------------------|--------:|:----|:-----|--------:|
| Unrealized (gains) losses             |     | Other (income) expense, net        |     | $                                |      — |     | $    |      -7 |     | $                               |       2 |     | $    |      40 |
| Designated Derivative Instruments     |     |                                    |     |                                  |        |     |      |         |     |                                 |         |     |      |         |
| Realized (gains) losses               |     | Interest and debt (income) expense |     | $                                | -8,730 |     | $    | -13,848 |     | $                               | -24,807 |     | $    |