Textainer Group Holdings' CEO Presents At Deutsche Bank 2012 Aviation And Transportation Conference (Transcript)

Textainer Group Holdings Limited (TGH)

Deutsche Bank 2012 Aviation and Transportation Conference Call

September 06, 2012, 02:45 pm ET

Executives

Steve Bishop - COO & CFO, SeaCube Container Leasing Ltd

Hilliard Terry - EVP & CFO, Textainer Group Holdings Limited

Analysts

Presentation

Unidentified Analyst

Alright. Well without further adieu, we're going to move on to our container panel here and I see we’re moving on to the shipping side of the program and this is a smooth transition. Yes we are not into tankers or dry bulk yet. We’re on the transportation and of the shipping world here with the container leasing guys and are very pleased to introduce the CFOs of both SeaCube and Textainer, we have Steve Bishop who we will hear from first and then you will hear Terry following him. Thank you.

Steve Bishop

Thanks [Jess] and I am going to keep my remarks short because I want to keep a panel discussion going on here. So I've just got a couple of slides. Obviously, we always do the forward-looking statements. So I ask you to read this at your leisure and use your cautionary statements.

In terms of SeaCube the company, we’re one of the world’s largest container leasing companies, total fleet of almost 600,000 containers, this is both reefers, dry containers and gensets. We’re also one of the largest lessors of refrigerated containers with about 20% global market share. 95% of our containers are with long-term leases and our average remaining lease term is 33.8 years, $1.4 billion net book value.

If you liked this article you might like

What To Hold: 3 Hold-Rated Dividend Stocks TGH, CMRE, AINV

3 Hold-Rated Dividend Stocks: WPT, TGH, FGP

What To Hold: 3 Hold-Rated Dividend Stocks FSIC, TGH, SDLP

3 Hold-Rated Dividend Stocks: GSBD, TGH, PNNT

3 Hold-Rated Dividend Stocks: NSH, DMLP, TGH