Trinity Industries, Inc. has renewed and extended its unsecured corporate revolving credit facility through May 2020. The facility was previously scheduled to mature in October 2016. The size of the facility was also increased from $425 million to $600 million. Costs associated with this renewal were included in the Company’s most recent earnings guidance.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified industrial company that owns market-leading businesses which provide products and services to the energy, transportation, chemical and construction sectors. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group.