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Penske Truck Leasing Canada Inc. completes C$150 million private placement debt financing

Fasken
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Overview

Client

Penske Truck Leasing Canada Inc.

On October 1, 2024, Penske Truck Leasing Canada Inc. ("Penske Canada"), an Ontario corporation and a wholly owned subsidiary of Penske Truck Leasing Co., L.P. ("Penske"), a Delaware limited partnership, completed its offering of C$150 million aggregate principal amount of 3.70% Senior Notes due October 1, 2027 and guaranteed by Penske.

Fasken advised Penske Canada and Penske with a team comprised of: Gesta Abols, Justine Connors, Fatima Husnain, Irene Lai (Capital Markets); Aaron Stefan (Banking and Finance); Christopher Steeves (Tax Law); and Amanda Samuels (Articling Student).

Jurisdiction

  • Ontario

Team

  • Gesta A. Abols, Partner | Co-Leader, cross border and international practice, Toronto, ON, +1 416 943 8978, [email protected]
  • Justine Connors, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 7530, [email protected]
  • Fatima Husnain, Associate | Mergers & Acquisitions, Toronto, ON, +1 416 865 5149, [email protected]
  • Irene Lai, Associate | Mergers & Acquisitions, Toronto, ON, +1 416 868 7855, [email protected]
  • Aaron J. Stefan, Partner | Banking & Finance, Toronto, ON, +1 416 868 3514, [email protected]
  • Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, [email protected]
Gesta Abols Toronto Lawyer Gesta A. Abols Partner | Co-Leader, cross border and international practice Toronto, ON +1 416 943 8978
Justine Connors Toronto Lawyer Justine Connors Partner | Mergers & Acquisitions Toronto, ON +1 416 868 7530
Fatima Husnain, Associate | Mergers & Acquisitions Fatima Husnain Associate | Mergers & Acquisitions Toronto, ON +1 416 865 5149
Irene Lai Toronto Lawyer Irene Lai Associate | Mergers & Acquisitions Toronto, ON +1 416 868 7855
Aaron Stefan Toronto Lawyer Aaron J. Stefan Partner | Banking & Finance Toronto, ON +1 416 868 3514
Christopher Steeves Toronto Lawyer Christopher Steeves Partner | Leader, Tax Law Toronto, ON +1 416 868 3401