Penske Truck Leasing Canada Inc. Completes $375 Million Note Offering
|Areas||Banking and Finance Law, Corporate Finance and Securities, Debt Issuances and High Yield Debt, Tax|
Goodmans represented Penske Truck Leasing Canada Inc., a wholly owned subsidiary of Penske Truck Leasing Co., L.P. (“Penske”) completed a private placement offering of $375 million aggregate principal amount of 3.65% Senior Notes (the “Notes”) due February 1, 2018. The Notes were unconditionally guaranteed as to principal and interest by Penske. The offering was underwritten by RBC Dominion Securities Inc. and Scotia Capital Inc.