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|TAL International Group Announces Proposed Secondary Offering by Selling Stockholders|
The offering will be made pursuant to an effective shelf registration
statement filed with the
This offering is being made by means of a prospectus supplement and
accompanying base prospectus, copies of which may be obtained from BofA
Merrill Lynch, 4 World Financial Center,
This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, the Company's common stock or any other securities, nor shall there be any sale of securities mentioned in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Cautionary Information Regarding Forward-looking Statements
Statements in this press release regarding the proposed offering by the
selling stockholders of shares of the Company’s common stock are not
historical facts and are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Readers are
cautioned that these statements involve risks and uncertainties, are
only predictions and may differ materially from actual future events or
results. For a discussion of such risks and uncertainties, see TAL's
security filings, including its Annual Report on Form 10-K for the year
TAL is one of the world's largest lessors of intermodal freight containers and chassis with 17 offices in 11 countries and approximately 225 third party container depot facilities in 39 countries. The Company's global operations include the acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis. TAL's fleet consists of approximately 1,010,000 containers and related equipment representing approximately 1,646,000 twenty-foot equivalent units (TEU). This places TAL among the world's largest independent lessors of intermodal containers and chassis as measured by fleet size.
TAL International Group, Inc.