Trinity industries, inc. (“trinity”) and wafra inc. (“wafra”) announce the launch of a joint venture partnership between trinity and certain funds managed by wafra targeting up to $1 billion in leased railcar investments

Dallas & new york--(business wire)--trinity industries, inc. (nyse: trn) (“trinity”), a leading provider of railcar products and services in north america, and wafra inc. (“wafra”), a global alternative investment manager, today announced a new railcar investment vehicle (“riv”) program between trinity and certain funds managed by wafra (“wafra funds”). the riv program will invest in diversified portfolios of leased railcars originated by trinity industries leasing company (“tilc“) targeting up
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