Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Paraná SA > News item |
Trinity Industries to repay revolver drawings with notes proceeds
By Sara Rosenberg
New York, June 26 – Trinity Industries Inc. plans to repay borrowings under its existing revolving credit facility using proceeds from a $400 million senior notes offering, according to a market source.
Remaining proceeds from the notes will be used for general corporate purposes, which may include repayment of the company’s other debt, including its 4.55% senior notes due 2024.
Trinity Industries is a Dallas-based provider of rail transportation products and services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.