Trinity Industries refinances credit facility with new $600M revolver maturing 2031

Filed June 16, 2026 · Period ending June 12, 2026 · ~1 min read

Key Changes

• high

  Trinity replaced its existing credit agreement with a new $600M unsecured revolving facility maturing June 2031, expandable to $900M. Maturity accelerates to April 2028 if the company's 7.75% senior notes due 2028 aren't repaid by then.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The new facility carries SOFR-based variable rates plus a 1.50% margin tied to leverage ratios, with a 0.20% commitment fee on unused capacity. Five major subsidiaries guarantee the obligations.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The credit agreement includes financial covenants requiring minimum interest coverage for leasing and manufacturing operations plus maximum net leverage limits, consistent with the prior facility.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →