May 2019

Penske Truck Leasing Company and Wholly Owned Subsidiary Issue $700M 144A Offering

United States - Pennsylvania

Penske Truck Leasing Co., LP (PTL) and its wholly owned subsidiary, PTL Finance Corporation, issued $700 million of 3.450% senior notes due 2024 pursuant to Rule 144A. Our firm represented PTL in the offering. The net proceeds from the sale of the notes were used to refinance existing PTL debt and for general corporate purposes. 

Services & Industries

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