0001193125-17-127644.txt : 20170419 0001193125-17-127644.hdr.sgml : 20170419 20170418200732 ACCESSION NUMBER: 0001193125-17-127644 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170419 DATE AS OF CHANGE: 20170418 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: General Finance CORP CENTRAL INDEX KEY: 0001342287 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-199514 FILM NUMBER: 17767953 BUSINESS ADDRESS: STREET 1: 39 EAST UNION STREET CITY: PASADENA STATE: CA ZIP: 91103 BUSINESS PHONE: 626-584-9722 MAIL ADDRESS: STREET 1: 39 EAST UNION STREET CITY: PASADENA STATE: CA ZIP: 91103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: General Finance CORP CENTRAL INDEX KEY: 0001342287 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 39 EAST UNION STREET CITY: PASADENA STATE: CA ZIP: 91103 BUSINESS PHONE: 626-584-9722 MAIL ADDRESS: STREET 1: 39 EAST UNION STREET CITY: PASADENA STATE: CA ZIP: 91103 FWP 1 d366920dfwp.htm FWP FWP

Filed pursuant to Rule 433
Registration Statement No. 333-199514

Supplementing the Preliminary Prospectus

dated April 18, 2017

$5,390,000

General Finance Corporation

RE-OPENING OF 8.125% Senior Notes due 2021

Final Term Sheet

April 18, 2017

 

Issuer:    General Finance Corporation
Principal Amount:    $5,390,000 (Reopening of 8.125% Senior Notes due 2021, of which $72,000,000 was previously issued in June 2014), for a total principal amount outstanding of $77,390,000)
Trade Date:    April 19, 2017
Settlement Date (T+3):    April 24, 2017
Maturity Date:    July 31, 2021
Interest Rate:    8.125%
Price to Public:    $24.95 per Note ($25 face amount)
Underwriter’s Discount:    $188,272.70
Net Proceeds to issuer (before expenses):    $5,190,947.30
Interest Payment Dates:   

January 31, April 30, July 31 and October 31, beginning July 31, 2017. Interest on the Notes will accrue from April 30, 2017.

Purchasers of the reopened Notes in this offering will not receive an interest payment for the interest payment date of April 30, 2017.

Record Dates:    January 15, April 15, July 15 and October 15
Redemption Provisions:   

Make-whole call at t+50 until July 31, 2017.

 

On and after July 31, 2017, at the prices set forth below for the twelve-month period beginning on July 31 of the years indicated below, plus accrued and unpaid interest:

  

Year

  

Percentage

  

2017

   106.094%
  

2018

   104.063%
  

2019

   102.031%
  

2020 and thereafter

   100.000%
Equity Clawback:    Up to 35% at 108.125% prior to July 31, 2017
Change of Control:    Upon the occurrence of a change of control (as

 

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   defined), the Issuer must offer to repurchase the Notes at 101% of the principal amount of the Notes, plus accrued and unpaid interest to the date of repurchase.
Denominations:    $25 minimum denominations and $25 integral multiples in excess thereof.
Exchange:    The Issuer intends to apply to list the Notes on the NASDAQ Global Market under the symbol “GFNSL”. If the application is approved, the Issuer expects trading in the Notes on the NASDAQ Global Market to begin within 30 days after the settlement date.
CUSIP:    369822 705
Sole Bookrunning Manager:    D.A. Davidson & Co.

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The Issuer has filed a registration statement (including a prospectus supplement) on Form S-3 (File No. 333-199514) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and the other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you can request a copy of the prospectus from D.A. Davidson & Co. by calling toll-free (800) 332-5915.

 

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