General Finance CORP (Form: 8-K, Received: 10/30/2019 13:11:21)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________

FORM 8-K

________________________

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2019

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General Finance Corporation

(Exact Name of Registrant as Specified in its Charter)

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Delaware

(State or Other Jurisdiction of Incorporation)


001-32845		32-0163571
(Commission File Number)		(I.R.S. Employer Identification No.)

39 East Union Street
Pasadena, California		91103
(Address of Principal Executive Offices)		(Zip Code)

(626) 584-9722

(Registrant’s Telephone Number, Including Area Code)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (See General Instruction A.2 below):

☐		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol	Name of Each Exchange on Which Registered
Common Stock, $0.0001 par value	GFN	NASDAQ Global Market

9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (Liquidation Preference $100 per share)	GFNCP	NASDAQ Global Market

8.125% Senior Notes due 2021	GFNSL	NASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

EXPLANATORY NOTES

Certain References

References to “we,” “us,” “our” or the “Company” refer to General Finance Corporation, a Delaware corporation (“GFN”), and its consolidated subsidiaries. These subsidiaries include GFN U.S. Australasia Holdings, Inc., a Delaware corporation (“GFN U.S.”); GFN Insurance Corporation, an Arizona corporation (“GFNI”); GFN North America Leasing Corporation, a Delaware corporation (“GFNNA Leasing”); GFN North America Corp., a Delaware corporation (“GFNNA”); GFN Realty Company, LLC, a Delaware limited liability company (“GFNRC”); GFN Manufacturing Corporation, a Delaware corporation (“GFNMC”), and its subsidiary, Southern Frac, LLC, a Texas limited liability company (collectively “Southern Frac”); Pac-Van, Inc., an Indiana corporation, and its Canadian subsidiary, PV Acquisition Corp., an Alberta corporation (collectively “Pac-Van”); and Lone Star Tank Rental Inc., a Delaware corporation (“Lone Star”); GFN Asia Pacific Holdings Pty Ltd, an Australian corporation (“GFNAPH”) and its Australian and New Zealand subsidiaries (collectively, “Royal Wolf”).

TABLE OF CONTENTS

		Page


Item 8.01	Other Events	1

Item 9.01	Financial Statements and Exhibits	1



Exhibit 99.1	Press Release of GFN dated October 29, 2019

Item 8.01 Other Events

On October 29, 2019 GFN subsidiaries Pac-Van, Lone Star and Royal Wolf announced that their combined rental fleet has grown to over 100,000 units.

A copy of the press release of GFN dated October 29, 2019 is attached as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

Exhibit	Exhibit Description

99.1	Press Release of GFN dated October 29, 2019

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	GENERAL FINANCE CORPORATION
Dated: October 30, 2019	By:	/s/ CHRISTOPHER A. WILSON
		Christopher A. Wilson
		General Counsel, Vice President and Secretary

EXHIBIT INDEX


Exhibit
Number		Exhibit Description

99.1		Press Release of GFN dated October 29, 2019

EXHIBIT 99.1

Pac-Van, Inc., Lone Star Tank Rental and Royal Wolf Announce Over 100,000 Units in Their Combined Rental Fleet

Indianapolis, IN, October 29, 2019 – General Finance Corporation’s (NASDAQ:GFN) subsidiaries, Pac-Van, Inc., Lone Star Tank Rental, Inc. and Royal Wolf Trading Australia Pty Limited announced today that their industry-leading growth has helped to drive their combined rental fleet to over 100,000 units.

“The combined lease fleet for General Finance Corporation has grown from 37,862 ten years ago to over 100,000 units today, representing a growth rate of over 10% per year. In addition, primary branch locations have more than doubled to 102 locations during that same time,” said Jody Miller, CEO of General Finance Corporation. “These key accomplishments of total rental fleet growth and branch location expansion demonstrates an impressive growth rate among the sister companies led by Pac-Van and Lone Star Tank Rental in North America and Royal Wolf in Asia-Pacific.”

About Pac-Van

Pac-Van, Inc. (www.pacvan.com), a wholly-owned subsidiary of General Finance Corporation, provides storage and office space solutions to its customers through the leasing and selling of storage containers (including the new safe, secure and simple PV3 safety containers), mobile office trailers, modular buildings and bulk liquid storage frac tanks. The company serves a wide variety of customers, including those in the commercial, construction, education, government, health care, industrial, and retail sectors. Committed to providing high quality products and dependable service, Pac-Van, Inc. is headquartered in Indianapolis, Indiana, and has over 60 offices throughout North America.

About Lone Star Tank Rental

Lone Star Tank Rental, Inc. (www.lonestartank.com), a wholly-owned subsidiary of General Finance Corporation, is a full service liquid containment solutions provider operating in the highly attractive Permian Basin and Eagle Ford Shale. Lone Star’s exceptional safety record combined with a significant set of value‐added services drive high customer loyalty with its blue chip customer base. Lone Star Tank Rental, Inc. is headquartered in Waxahachie, Texas, and has locations throughout Texas.

About Royal Wolf

Royal Wolf (www.royalwolf.com.au) leases and sells mobile storage containers, portable container buildings and freight containers in Australia and New Zealand. Royal Wolf is the only portable container lease and sales company represented in all major business centers in Australia and, as such, is the only company with a nationally integrated infrastructure and work force. They serve both small to mid-size retail customers and large corporate customers in a number of sectors. The Australian Business Awards’ 2019 winner of both the New Product Innovation award and the Technology Innovation award, Royal Wolf is headquartered in Gordon, NSW, and has 36 locations in Australia and New Zealand.

About General Finance Corporation

Headquartered in Pasadena, California, General Finance Corporation (NASDAQ: GFN, www.generalfinance.com) is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions. Management’s expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Company’s subsidiaries. The Company’s Asia-Pacific leasing operations in Australia and New Zealand consist of wholly owned Royal Wolf (www.royalwolf.com.au), the leading provider of portable storage solutions in those regions. The Company’s North America leasing operations consist of wholly-owned subsidiaries Pac-Van, Inc. and Lone Star Tank Rental Inc. (www.lonestartank.com), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings. The Company also owns Southern Frac, LLC (www.southernfrac.com), a manufacturer of portable liquid storage tank containers and other steel-related products in North America.

Pac-Van Media Contact: Shannon Jordan Pac-Van, Inc. sjordan@pacvan.com 317-489-5771	Lone Star Media Contact: Bobby Keenom Lone Star Tank Rental Inc. bobby.keenom@lonestartank.com 405-600-8295	Royal Wolf Media Contact: Neil Littlewood Royal Wolf nlittlewood@royalwolf.com.au 61 2 9485 4038
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