Textainer Completes Public Offering of 6,000,000 Depositary Shares

Textainer Completes Public Offering of 6,000,000 Depositary Shares

TEXTAINER GROUP HOLDINGS LIMITED
Incorporated in Bermuda
Company number: EC18896
NYSE share code: TGH
JSE share code: TXT
ISIN: BMG8766E1093
LEI: 529900OHEYRATAFMIT89
("Textainer", "the Company", "we" and "our"")



Textainer Completes Public Offering of 6,000,000 Depositary Shares Representing an
Interest in Series A Preference Shares


HAMILTON, Bermuda - April 14, 2021 - Textainer Group Holdings Limited (NYSE:TGH; JSE: TXT)
("Textainer", "we", and "our"), one of the world's largest lessors of intermodal containers, today announced
the completion of its public offering on April 13, 2021 of 6,000,000 depositary shares, each representing a
1/1,000th interest in a share of its 7.00% Series A Cumulative Redeemable Perpetual Preference Shares, par
value $0.01 per share and $25,000 liquidation preference per share (equivalent to $25.00 per depositary
share), for an aggregate public offering price of $150,000,000. Textainer intends to list the depositary shares
on the New York Stock Exchange ("NYSE") under the ticker symbol "TGH PRA".

"We are very pleased to close our first issuance of perpetual preferred shares," commented Olivier
Ghesquiere, President and CEO of Textainer. "We are very pleased with the positive market reaction to this
offering and believe this is an attractively priced form of permanent capital that is well suited to add to the
capital structure we use to finance our long-lived container assets."

Textainer intends to use the net proceeds of approximately $144,875,000 after underwriting commissions
and estimated expenses from the offering for general corporate purposes, including the purchase of
additional intermodal containers. RBC Capital Markets, LLC, UBS Securities LLC, Keefe, Bruyette &
Woods, A Stifel Company and B. Riley Securities, Inc. acted as joint book-running managers for the
offering.

About Textainer Group Holdings Limited

Textainer has operated since 1979 and is one of the world's largest lessors of intermodal containers with
approximately 3.8 million TEU in our owned and managed fleet. We lease containers to approximately 250
customers, including all of the world's leading international shipping lines, and other lessees. Our fleet
consists of standard dry freight, refrigerated intermodal containers, and dry freight specials, and we are one
of the largest and most reliable suppliers of new and used containers. Textainer operates via a network of
14 offices and approximately 500 independent depots worldwide. Textainer has a primary listing on the
New York Stock Exchange (NYSE: TGH) and a secondary listing on the Johannesburg Stock Exchange
(JSE: TXT).


Source: Textainer Group Holdings Limited

Sponsor : Investec Bank Limited

Contact Information
Investor Relations
+1 415-658-8333
ir@textainer.com

Date: 14-04-2021 03:00:00
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