September 2017

Penske Truck Leasing Completes $600M Senior Notes Offering

United States - Pennsylvania

Penske Truck Leasing Company (PTL) and its wholly owned subsidiary, PTL Finance Corporation, issued $600 million of 2.700% Senior Notes due 2023 pursuant to Rule 144A. The net proceeds from the sale of the notes were used to refinance existing PTL debt. Our firm represented Penske in the transaction. 

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