Trinity Industries Plans To Offer $400.0 Mln Of Senior Notes Due 2028

RTTNews | 790天前
Trinity Industries Plans To Offer $400.0 Mln Of Senior Notes Due 2028

(RTTNews) - Trinity Industries, Inc. (TRN) announced Monday that it intends to offer $400.0 million aggregate principal amount of Senior Notes due 2028.

Trinity intends to use the net proceeds from the offering, if consummated, (i) to repay its borrowings outstanding under its existing corporate revolving credit facility, (ii) to pay related fees, costs, premiums and expenses in connection therewith and with the offering, and (iii) for general corporate purposes, which may include repayment of its other debt, including its 4.550% Senior Notes due 2024.

The notes will be senior unsecured obligations of the Company and each of the Company's existing and future domestic subsidiaries that guarantee the Revolving Credit Facility are expected to guarantee the Notes.

read more
Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | 2小时40分钟前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | 2小时57分钟前
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 4小时6分钟前
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 4小时19分钟前
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 4小时36分钟前