TAL International unit to prepay all series 2011-1 notes on March 20

By Angela McDaniels

Tacoma, Wash., March 12 - TAL International Group, Inc. subsidiary TAL Advantage IV LLC will exercise its option to prepay all of the outstanding principal balance of the series 2011-1 notes on March 20, according to an 8-K filing with the Securities and Exchange Commission.

The subsidiary gave written notice on March 11 of the upcoming prepayment.

TAL International Group is a freight container lessor based in Purchase, N.Y.

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