0001193125-14-348679.txt : 20140922 0001193125-14-348679.hdr.sgml : 20140922 20140922164934 ACCESSION NUMBER: 0001193125-14-348679 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140922 DATE AS OF CHANGE: 20140922 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRINITY INDUSTRIES INC CENTRAL INDEX KEY: 0000099780 STANDARD INDUSTRIAL CLASSIFICATION: RAILROAD EQUIPMENT [3743] IRS NUMBER: 750225040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-198744 FILM NUMBER: 141114423 BUSINESS ADDRESS: STREET 1: 2525 STEMMONS FREEWAY CITY: DALLAS STATE: TX ZIP: 75207-2401 BUSINESS PHONE: 214-631-4420 FORMER COMPANY: FORMER CONFORMED NAME: TRINITY STEEL CO INC DATE OF NAME CHANGE: 19720407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRINITY INDUSTRIES INC CENTRAL INDEX KEY: 0000099780 STANDARD INDUSTRIAL CLASSIFICATION: RAILROAD EQUIPMENT [3743] IRS NUMBER: 750225040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2525 STEMMONS FREEWAY CITY: DALLAS STATE: TX ZIP: 75207-2401 BUSINESS PHONE: 214-631-4420 FORMER COMPANY: FORMER CONFORMED NAME: TRINITY STEEL CO INC DATE OF NAME CHANGE: 19720407 FWP 1 d792354dfwp.htm FWP FWP

Free Writing Prospectus

filed pursuant to Rule 433

Relating to the Preliminary Prospectus

Supplement dated September 22, 2014

Registration Statement No. 333-198744

TRINITY INDUSTRIES, INC.

Pricing Term Sheet

Pricing Term Sheet dated September 22, 2014 to the Preliminary Prospectus Supplement dated September 22, 2014 of Trinity Industries, Inc. This Pricing Term Sheet is qualified in its entirety by reference to the Preliminary Prospectus Supplement. The information in this Pricing Term Sheet supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent it is inconsistent with such information. Capitalized terms used in this Pricing Term Sheet but not defined have the meanings given them in the Preliminary Prospectus Supplement.

 

Issuer:    Trinity Industries, Inc.
Principal Amount:    $400,000,000
Title of Security:    4.550% Senior Notes due 2024
Maturity:    October 1, 2024
Coupon :    4.550%
Public Offering Price:    99.888%
Yield to Maturity:    4.564%
Spread to Benchmark Treasury:    +200 bps
Benchmark Treasury:    UST 2.375% due August 15, 2024
Benchmark Treasury Price/Yield:    98-11+ / 2.564%
Interest Payment Dates:    April 1 and October 1 of each year, beginning on April 1, 2015
Trade Date:    September 22, 2014
Settlement Date:    September 25, 2014 (T+3)
Ratings:*    Moody’s: Ba1
   S&P: BBB-
   Fitch: BBB-
Denominations:    $2,000 and integral multiples of $1,000
Make-Whole Redemption:    Before July 1, 2024 at the make-whole redemption price
   (Treasury plus 30 basis points)
Par Call:    On or after July 1, 2024
CUSIP/ISIN Numbers:    CUSIP: 896522AH2
   ISIN: US896522AH27
Form of Offering:    SEC Registered (Registration No. 333-198744)
Joint Book-Running Managers:    J.P. Morgan Securities LLC
  

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

Co-Managers:    BB&T Capital Markets, a division of BB&T Securities, LLC
   RBS Securities Inc.
   Wells Fargo Securities, LLC
   BOSC, Inc.
   Credit Suisse Securities (USA) LLC
   Fifth Third Securities, Inc.

 

* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the United States Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC (1-212-834-4533) or Merrill Lynch, Pierce, Fenner & Smith Incorporated (call 1-800-294-1322, or e-mail dg.prospectus_requests@baml.com).