Current Report
Filed: 2026-04-06
Key Insights
- Trinity Industries Leasing Company and Trinity Rail Leasing 2025 LLC, subsidiaries of Trinity Industries, Inc., entered into a Note Purchase Agreement to issue and sell $480.8 million of Series 2026-1 Secured Green Standard Railcar Notes.
- The notes will be secured by approximately 15,082 railcars and operating leases, which TRL-2025 is purchasing from TILC's affiliates.
- The transaction is part of an asset-backed securitization that is scheduled to close on or around April 17, 2026, subject to customary closing conditions.