Trinity Industries, Inc., founded in 1933 and headquartered in Dallas, Texas, is a diversified industrial company focused on the rail and construction sectors. The company specializes in manufacturing railcars, providing repair services, and producing related components and systems that enhance rail transportation efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TRN 7.75% 2028-07-15 USDTrinity Industries, Inc. | United States | 2028-07-15 | 7.750 | 6.28 |
| TRN 7.75% 2028-07-15 USDTrinity Industries, Inc. | United States | 2028-07-15 | 7.750 | 6.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Trinity Industries first began issuing bonds in the early 1990s as a means to fund its growth initiatives and optimize its capital structure. Notably, their 2020 bond issuance raised $400 million with a maturity of 10 years, aimed at refinancing existing debt and enhancing liquidity amidst industry volatility. Current yields on Trinity's bonds are competitive within the rail industry, reflecting the company’s stable revenue generation and robust operational performance, while their bonds also feature call options which may appeal to investors seeking flexibility in their fixed income portfolios.