Trinity Capital Announces $350 Million Offering of 7.50% Notes Due 2032
Trinity Capital Inc., an international alternative asset manager, has priced a public offering for $350 million in aggregate principal amount of unsecured notes with a coupon rate of 7.50%, maturing on January 15, 2032. The company plans to use the net proceeds from this offering primarily to pay down part of its existing indebtedness under the KeyBank Credit Facility and for general corporate purposes. The Notes will be issued at a fixed interest rate of 7.50% per year, with semiannual payments starting on January 15, 2027. The company has set October 5, 2026 as the expected closing date, pending customary conditions being met. Keefe, Bruyette & Woods and MUFG Securities Americas Inc. are serving as joint book-running managers for this offering. Investors have been advised to review detailed information in the preliminary prospectus supplement and accompanying documents filed with the SEC before making investment decisions.
Tickers: $TRIN