Trinity Announces Proposed Private Offering
February 27, 2004
Trinity Industries, Inc. has announced that it is proposing to make, subject to market and other conditions, an offering of up to $300 million aggregate principal amount of senior notes due 2014 in a private offering. Trinity intends to apply the net proceeds of the offering to repay indebtedness outstanding under its existing credit facility and for general corporate purposes, including, among others, to make capital expenditures in strategic manufacturing facilities and fund working capital requirements of its railcar manufacturing operations.
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