June 11, 2026
Willkie advised RBC Capital Markets, LLC as Solicitation Agent in Global SC Finance V SRL (“GSCF V”), Global SC Finance VII SRL (“GSCF VII”) and Global SC Finance X Limited’s (“GSCF X”) consent solicitation to amend certain agreements relating to prior issuances by the Issuers of fixed rate notes secured by intermodal containers, in the case of GSCF V and GSCF VII, and residual cash flows from outstanding issuances of Container-Backed Notes, in the case of GSCF X.
The amendments to the Note Agreements are intended, among other things, (i) to permit Textainer Equipment Management Limited (“TEML”) to manage the Containers on behalf of GSCF V and GSCF VII in a manner consistent with TEML’s management of intermodal containers owned by TEML and its subsidiaries, (ii) to more closely conform default event and other provisions in the Note Agreements to similar provisions in the agreements governing outstanding secured indebtedness of other TEML affiliates and (iii) to make certain conforming changes in the Note Agreements for GSCF X.
The Willkie team was led by partner Eddie Best with associates Henri Simonet and Erica Weeks.
The amendments to the Note Agreements are intended, among other things, (i) to permit Textainer Equipment Management Limited (“TEML”) to manage the Containers on behalf of GSCF V and GSCF VII in a manner consistent with TEML’s management of intermodal containers owned by TEML and its subsidiaries, (ii) to more closely conform default event and other provisions in the Note Agreements to similar provisions in the agreements governing outstanding secured indebtedness of other TEML affiliates and (iii) to make certain conforming changes in the Note Agreements for GSCF X.
The Willkie team was led by partner Eddie Best with associates Henri Simonet and Erica Weeks.