General Finance Corp. (GEN), the parent company of businesses in the mobile storage, modular space and liquid containment industries, announced that it commenced an underwritten public offering of an original issuance of Series C Cumulative Redeemable Perpetual Preferred Stock.
The company said it plans to use the net proceeds of this offering to pay down senior indebtedness and for general corporate purposes, which would include the acquisition of businesses and lease fleet and the redemption of Series A Preferred Stock.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.