Trinity Industries, Inc. Announces Increase and Renewal of its Corporate Revolving Credit Facility
May 21 2015 - 7:58AM
Business Wire
Trinity Industries, Inc. (NYSE:TRN) today announced that it 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. For more information, visit: www.trin.net.
Some statements in this release, which are not historical facts,
are “forward-looking statements” as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include statements about Trinity's estimates,
expectations, beliefs, intentions or strategies for the future, and
the assumptions underlying these forward-looking statements.
Trinity uses the words “anticipates,” “believes,” “estimates,”
“expects,” “intends,” “forecasts,” “may,” “will,” “should,” and
similar expressions to identify these forward-looking statements.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from historical
experience or our present expectations. For a discussion of such
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see
“Forward-Looking Statements” in the Company's Annual Report on Form
10-K for the most recent fiscal year.
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version on businesswire.com: http://www.businesswire.com/news/home/20150521005715/en/
Trinity Industries, Inc.Investor Contact:Jessica L.
Greiner, 214-631-4420Director of Investor RelationsorMedia
Contact:Jack Todd, 214-589-8909Vice President, Public
Affairs
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