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Trinity Refinances Outstanding Debt, Renames Subsidiaries Trinity Refinances Outstanding Debt, Renames Subsidiaries Written by Marybeth Luczak, Executive Editor “These refinancings [of TRIP Holdings and RIV 2013] are part of Trinity’s strategic initiatives to improve our returns and drive shareholder value through lowering our cost of capital, and will result in the reduction of the Company’s cost of debt by 50 basis points,” Trinity EVP and CFO Eric Marchetto said. Trinity Industries’ two partially owned lease subsidiaries have entered into agreements to refinance more than $1.2 billion in outstanding debt. TRIP Rail Holdings LLC (TRIP Holdings) and RIV 2013 Rail Holdings LLC (RIV 2013) will use the proceeds from the newly issued debt to “fully repay and redeem existing notes and fund expenses related to the refinancing,” Trinity reported.

United statesTrinity industrieEric marchettoTriumph railRail master fundingRail holdingsRailcar coTrinity refinances outstanding debtRenames subsidiaries writtenTrinity rail leasingMaster fundingChief financial officer eric marchettoNorth americaGreen financing frameworkஒன்றுபட்டது மாநிலங்களில்திரித்துவம் தொழில்