Trinity Industries releases green financing framework

By Taylor Fox

New York, Jan. 25 – Trinity Industries Leasing Co. released its green financing framework supported by a second-party opinion from Sustainalytics, according to a news release.

The green financing framework enables Trinity to issue green financing instruments, including green non-recourse ABS bonds and green loans, supported by green eligible assets.

The company will manage and report on eligible projects and assets, in line with the Green Bond Principles, 2018 and the Green Loan Principles, 2020.

Under the newly issued framework, currently eight of Trinity’s outstanding debt financings, representing over $4 billion of railcar-related debt, meet the criteria and qualify for the green financing designation.

Credit Agricole is the green structuring adviser and will continue to support Trinity as a long-term partner in its sustainable finance efforts.

Trinity is a Dallas-based provider of products and services to the industrial, energy, transportation and construction sectors.

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