Moody's affirms the Ba2 corporate family and senior unsecured ratings of Trinity Industries; outlook stable
Rating Action: Moody's affirms the Ba2 corporate family and senior unsecured ratings of Trinity Industries; outlook stable. Global Credit Research- 15 Jun 2021. New York, June 15, 2021-- Moody's Investors Service affirmed the ratings of Trinity Industries, Inc., including the Ba2 corporate family rating, the Ba2-PD probability of default rating and the Ba2 senior unsecured rating.Trinity Industries is a provider of railcar products and services in North America. The company has the following reportable segments: Railcar Leasing and Management Services Group, which provides operating leases for freight and tank railcars, as well as originates and manages railcar leases for third-party investors and provides fleet maintenance and management services to industrial shippers; Rail Products Group, which manufactures freight and tank railcars in North America used for transporting a variety of liquids, gases, and dry cargo, and also provides a range of maintenance services and solutions; and All Other, which includes the company's highway products business.
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