April 2020

Penske Truck Leasing Completes Senior Notes Offering

Penske Truck Leasing Co. LP (PTL) issued $500 million of 4.000% senior notes due 2025 pursuant to Rule 144A. Faegre Drinker represented PTL in the offering. The net proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.

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