Trinity Industries, Inc. Announces Fitch Ratings Assigns It an Initial
Corporate Credit Rating of Investment Grade
DALLAS -- November 25, 2013
Trinity Industries, Inc. (NYSE:TRN) announced today that Fitch Ratings
(“Fitch”) has assigned an initial Issuer Default Rating to the Company of BBB-
with a Rating Outlook of “Stable.” The new credit rating is considered
“investment grade” by market participants.
“We are pleased with the new corporate credit rating issued by Fitch,” said
James E. Perry, Trinity’s Senior Vice President and Chief Financial Officer.
“This rating is another positive acknowledgment of the Company’s efforts to
grow and strengthen our diversified industrial portfolio of businesses, while
generating high-quality earnings and returns for shareholders. The rating also
reflects the strength of our balance sheet and provides us further ability to
access the capital markets efficiently as we pursue growth opportunities.”
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.
Trinity Industries, Inc.
Jessica L. Greiner, 214-631-4420
Director of Investor Relations
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