Welcome to our dedicated page for TRINITY CAPITAL 7 875 NTS news (Ticker: TRINZ), a resource for investors and traders seeking the latest updates and insights on TRINITY CAPITAL 7 875 NTS stock.
Trinity Capital 7 875 NTS (TRINZ), a specialty lending leader regulated under the Investment Company Act of 1940, provides tailored debt financing to growth-stage companies. This news hub delivers timely updates on strategic developments essential for informed decision-making.
Access consolidated TRINZ announcements including quarterly earnings reports, equipment financing initiatives, and strategic partnerships. Investors gain insights into portfolio performance while analysts track market positioning through verified press releases.
Our curated collection features regulatory filings, loan portfolio updates, and management commentary. Content is organized to highlight operational milestones in venture-backed lending and working capital solutions, reflecting Trinity's focus on non-traditional financing sectors.
Bookmark this page for streamlined access to TRINZ's evolving financial narrative. Combine regular monitoring with independent research to maintain perspective on this business development company's market role.
Trinity Capital Inc. (NASDAQ: TRIN) has priced a public offering of $100.0 million in 7.875% notes due 2029. The notes will mature on September 30, 2029, and can be redeemed after September 30, 2026. Trinity has granted underwriters a 30-day option to purchase up to $15.0 million in additional notes. The offering is expected to close on July 19, 2024, with the notes to be listed on Nasdaq under the symbol 'TRINI'.
Trinity plans to use the net proceeds to pay down existing debt under its KeyBank Credit Facility and potentially redeem a portion of its outstanding 7.00% Notes due 2025. The offering is being managed by several financial institutions, including Keefe, Bruyette & Woods, Morgan Stanley, RBC Capital Markets, and UBS Investment Bank as joint book-running managers.
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