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Hi all. I am updating my model for TRN (Trinity Industries) who has been hit with a judgement against them for about 680M. It appears TRN has issued a supersedeas bond to cover this. I am not very familiar with these types of bonds, but it looks like a way to delay full payment such that TRN can appeal. Thoughts on how I should model this? Since it is a bond, should I tack it onto debt? Would this be a conservative approach giving the appeal could benefit TRN?

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