Trinity Industries unit issues $432.4M 5.78% Green Secured Railcar Notes due 2054

TRINITY INDUSTRIES INC

Trinity Rail Leasing 2021 issues $432,430,000 of Series 2024-1 Class A Notes at 5.78% fixed rate, maturing May 19, 2054.
Notes are secured by approximately 12,746 railcars and the related operating leases from TILC and its affiliates.
Asset-backed securitization expected to close on or about May 30, 2024, subject to customary conditions precedent.
At annual meeting, stockholders elected all 8 director nominees and ratified Ernst & Young as independent auditor for 2024.

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