Financing ·
Trinity Capital prices $350M of 7.5% notes due 2032 to repay KeyBank debt
TRINTrinity Capital Inc.
Trinity Capital Inc. issued and sold $350,000,000 aggregate principal amount of 7.500% Notes due January 15, 2032. The transaction closed on October 5, 2026, with net proceeds of approximately $342.61 million after underwriting discounts and offering expenses. Interest is payable semi-annually on January 15 and July 15, commencing in 2027. The company intends to use the net proceeds to repay outstanding secured indebtedness under its credit agreement with KeyBank, National Association. Trinity Capital Inc. operates as a business development company focused on providing debt financing solutions to middle-market companies.