{"url_path":"/sec/trn/8-k/2026-06-16/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-16","source_url":"https://www.sec.gov/Archives/edgar/data/99780/0000099780-26-000100-index.html","accession_number":"0000099780-26-000100","cik":"0000099780","ticker":"TRN","issuer_name":"TRINITY INDUSTRIES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/99780/0000099780-26-000100-index.html","primary_entity_key":"0000099780","primary_entity_name":"TRINITY INDUSTRIES INC"},"word_count":496,"has_tables":true,"body_markdown":"Item 1.01 Entry into a Material Definitive Agreement.\n\nOn June 12, 2026, Trinity Industries, Inc., a Delaware corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”), by and among the Company, as borrower, the lenders party thereto (the “Lenders”), JPMorgan Chase Bank, N. A., as administrative agent, Bank of America, N.A., Truist Bank, and Wells Fargo Bank, N.A., as co-syndication agents, and Regions Bank and PNC Bank, National Association, as co-documentation agents. The Credit Agreement replaces the Company’s existing Second Amended and Restated Credit Agreement, dated as of July 25, 2022, as amended (the “Existing Credit Agreement”).\n\nThe Credit Agreement provides for a $600.0 million unsecured revolving line of credit with a maturity date of the earlier of (i) June 12, 2031, or (ii) April 15, 2028, if the Company’s 7.750% senior notes due 2028 have not been repaid in full by that date. The Company may also increase the amount of the commitments under the Credit Agreement by an aggregate amount not to exceed $300.0 million, subject to certain customary conditions. The Credit Agreement also includes borrowing capacity available for letters of credit of up to $100.0 million. Any issuance of letters of credit will reduce the amount available under the Credit Agreement.\n\nOn June 12, 2026, there were no loans borrowed under the Credit Agreement. The interest rate on borrowings under the facility is a variable rate per annum based on, at the Company’s option, either a term rate based on the Secured Overnight Financing Rate or the Canadian Overnight Repo Rate Average, as applicable, or an alternate U.S. dollar base rate, in each case, plus an applicable margin determined at the time of the borrowing based on the Company’s leverage (as measured by a consolidated total net indebtedness to consolidated EBITDA ratio (“Leverage Ratio”)). The applicable margin is initially set at 1.50% per annum. A commitment fee will accrue on the daily unused portion of the revolving facility at the rate of 0.175% to 0.30% per annum, based on the Company’s Leverage Ratio and is initially set at 0.20%.\n\nConsistent with the Existing Credit Agreement, certain of the Company’s Material Domestic Subsidiaries (as defined in the Credit Agreement), including Trinity Industries Leasing Company, a Delaware corporation, Trinity Rail Group, LLC, a Delaware limited liability company, Trinity Tank Car, Inc., a Delaware corporation, Trinity North American Freight Car, Inc., a Delaware corporation, and TrinityRail Maintenance Services, Inc., a Delaware corporation, guaranteed the Company’s obligations under the Credit Agreement. The Credit Agreement also contains a number of customary covenants, representations and warranties and events of default, including several financial covenants that require the maintenance of ratios related to minimum interest coverage for the leasing and manufacturing operations and maximum net leverage.\n\nThe foregoing description of the Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the Credit Agreement, which is attached hereto as Exhibit 10.1 and is incorporated by reference herein."}