Kirby (KEX) expects to generate net cash from operating activities in the range of $600-$700 million in 2024.
Rising operating expenses and a debt-laden balance sheet limit Allegiant's (ALGT) bottom-line growth.
DALLAS, May 21, 2024--Trinity Industries, Inc. ("Trinity" or the "Company") today announced that it has finalized the terms of its offering (the "Offering") of an additional $200.0 million aggregate principal amount of its 7.750% Senior Notes due 2028 (the "Additional Notes"). Trinity anticipates that consummation of the offering will occur on June 5, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the Offering, together with cash on hand and/or bo