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0 0 0 0.00191204588910137 0.00650095602294448 0.00458891013384311 0.000382409177820192 0.00267686424474188
Stock impact report

CAI International, Inc. Announces Completion of $343.5 Million Offering of Asset-Backed Notes

CAI International, Inc. (CAI) 
Last cai international, inc. earnings: 10/29 04:00 pm Check Earnings Report
US:NYSE Investor Relations: investor.capps.com/investor-relations
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI) (NYSE: CAI), announced that its indirect wholly-owned subsidiary, CAL Funding III Limited (“CAL Funding III”), today issued $331,500,000 of 4.34% Series 2018-2 Fixed Rate Asset-Backed Notes, Class A (“Series 2018-2 Notes Class A”) and $12,000,000 of 5.22% Series 2018-2 Fixed Rate Asset-Backed Notes, Class B (“Series 2018-2 Notes Class B”). The Series 2018-2 Notes Class A and the Series 2018-2 Notes Class B, are rated “A” and “BBB”, respectively, by Standard & Poor’s. The Series 2018-2 Notes have a scheduled maturity date of September 25, 2028 and a legal final maturity date of September 25, 2043. Victor Garcia, President and Chief Executive Officer of CAI, commented, “We are very pleased to have concluded another successful securitized note offering. The offering experienced strong demand which enabled us to increase the final offerin Show less Read more
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