Report
EUR 233.43 For Business Accounts Only

Trinity Industries, Inc.: Update to credit analysis

Our credit view of Trinity Industries, reflecting the relative stability of the railcar leasing business, the high proportion of secured debt and the very cyclical demand for new railcars.
Underlying
Trinity Industries Inc.

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.

Provider
Moody's Investors Service
Moody's Investors Service

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