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General Finance Corp (GFN.OQ)

GFN.OQ on NASDAQ Stock Exchange Global Market

4.95USD
18 Aug 2017
Change (% chg)

$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

General Finance enters into certain amendment no. 7 to amended credit agreement
Tuesday, 1 Aug 2017 06:36am EDT 

Aug 1 (Reuters) - General Finance Corp :General Finance - on July 31, GFN Realty Company entered into certain amendment no. 7 to amended and restated credit agreement dated April 7, 2014.General Finance says amendment corrects Scrivener's error so maximum permitted amount of permitted purchase money indebtedness is increased to $10 million.  Full Article

General Finance announces offer to buy noncontrolling interest in Royal Wolf
Wednesday, 12 Jul 2017 08:30am EDT 

July 12 (Reuters) - General Finance Corp ::General Finance Corporation announces takeover offer to acquire public noncontrolling interest in Royal Wolf.General Finance Corporation announces takeover offer to acquire public noncontrolling interest in Royal Wolf.Company controls 51% of total outstanding ordinary shares of Royal Wolf.General Finance Corp - ‍company controls 51% of total outstanding ordinary shares of Royal Wolf​.Says ‍a$1.83 per share purchase price represents a 41% premium over Royal Wolf's latest closing price​.General Finance Corp - ‍has received financing for takeover offer from Bison Capital Equity Partners V, LP and its affiliates​.Says ‍company has received financing for takeover offer from Bison Capital Equity Partners V, LP and its affiliates​.General Finance Corp -offer for A$1.83 per share in cash, less special dividend by Royal Wolf of a$0.0265 per share, for purchase by co of A$88.7 million.General Finance Corp - ‍if it acquires 90% or more of Royal Wolf's shares, co will be able to complete compulsory acquisition.  Full Article

General Finance says GFN Realty Company, others entered deal to raise maxiumum revolver amount - SEC Filing
Thursday, 6 Jul 2017 02:20pm EDT 

July 6 (Reuters) - General Finance Corp ::On June 30, Wells Fargo Bank, GFN Realty Company, LLC, others entered into that certain increase and joinder agreement - SEC Filing.Agreement increases maximum revolver amount by $7 million to $217 million under certain amended, restated credit agreement dated April 7, 2014.  Full Article

General Finance Corp to promote Jody Miller to CEO
Thursday, 15 Jun 2017 05:00pm EDT 

June 15 (Reuters) - General Finance Corp ::General Finance Corporation to promote Jody Miller to Chief Executive Officer.General Finance Corp - effective January 1, 2018, Jody Miller will become president and chief executive officer of general finance corporation.Miller will join board of directors later in year, restoring company's board to seven members.General Finance Corp - Ronald F. Valenta becoming company's executive chairman of board of directors.  Full Article

General Finance Corp, unit amend credit agreement - SEC filing
Tuesday, 13 Jun 2017 02:30pm EDT 

June 13 (Reuters) - General Finance Corp ::GFN, GFN U.S. And Credit Suisse entered second amendment and restatement agreement dated June 12, 2017.Second restated facility agreement provides that $10 million borrowed will bear interest at libor plus 7.50% per year - SEC filing.In addition to other amended terms, maturity of indebtedness evidenced by second restated facility agreement extended to July 1, 2018.In addition to certain other amended terms, make-whole prepayment penalty of 7.5% of outstanding principal was extended until January 1, 2018.  Full Article

General Finance Corporation reports Q3 loss per share $0.08
Wednesday, 10 May 2017 08:30am EDT 

May 10 (Reuters) - General Finance Corp : :General Finance Corporation reports third quarter results for fiscal year 2017.Q3 loss per share $0.08.Q3 revenue $68.5 million versus I/B/E/S view $66.9 million.Q3 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue $270 million to $280 million.Consolidated adjusted EBITDA for Q4 will be higher than Q4 of prior year.Qtrly average fleet unit utilization was 77pct, compared to 76pct in Q3 of fiscal year 2016..FY2017 revenue view $274.3 million -- Thomson Reuters I/B/E/S.  Full Article

General Finance Corp promotes Theodore Mourouzis
Wednesday, 26 Apr 2017 08:30am EDT 

April 26 (Reuters) - General Finance Corp :Theodore Mourouzis has been appointed president and chief executive officer of Pac-Van, Inc.  Full Article

General Finance Corp reports proposed “tack-on” offering of 8.125 pct senior notes
Tuesday, 18 Apr 2017 04:24pm EDT 

April 18 (Reuters) - General Finance Corp ::General Finance Corporation announces proposed “tack-on” offering of 8.125 pct senior notes due 2021.General finance - commenced "tack-on" public offering of about $5.4 million in aggregate principal amount of its 8.125 pct senior unsecured notes due 2021.General Finance Corp says expects to use net proceeds of this offering to pay down senior indebtedness and for general corporate purposes.General Finance Corp- notes, including original issuance in aggregate amount of $72 million, will trade on NASDAQ global market under symbol "gfnsl".  Full Article

General Finance Corp Qtrly loss per share $0.08
Monday, 7 Nov 2016 08:30am EST 

General Finance Corp : Qtrly loss per share $0.08 . General finance corporation reports first quarter results for fiscal year 2017 .Q1 revenue $62.8 million versus $63.8 million.  Full Article

General Finance reports Q3 loss of $0.13 per share
Monday, 9 May 2016 08:30am EDT 

General Finance Corp : Believes consolidated adjusted ebitda for fiscal year 2016 will be 26% to 28% lower in fiscal year 2016 from fiscal year 2015 . General finance corporation reports third quarter results for fiscal year 2016 . Q3 loss per share $0.13 . Q3 revenue $66.5 million versus $69.4 million .Sees fy 2016 revenue $275 million to $285 million.  Full Article

BRIEF-General Finance announces offer to buy noncontrolling interest in Royal Wolf

* General Finance Corporation announces takeover offer to acquire public noncontrolling interest in Royal Wolf