TriMas Upsizes Senior Notes to $400 Million

TriMas completed a refinancing in March 2021, upsizing its 4.125% senior notes due 2029 to take advantage of historically low interest rates, increasing total debt.

“TriMas reported total debt of $393.4 million as of June 30, 2021, an increase as compared to $346.3 million as of December 31, 2020 due to the upsizing of the 4.125% notes due 2029 during the refinance that was completed during March 2021 to take advantage of historically low rates.”

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