Trinity Capital Inc. Expands its Credit Facility with KeyBank
Credit facility can accordion to $690 million
Maturity Date Extended to July 2029
PHOENIX, Aug. 5, 2024 /PRNewswire/ — Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity Capital,” “Trinity” or the “Company”), a leading provider of diversified financial solutions to growth-stage companies, today announced that it has amended its credit facility led by KeyBank N.A. (“KeyBank”). The amendment expands the original credit facility from $350 million to $440 million in commitments and includes an accordion feature, pursuant to which the Company may increase the size of the credit facility to an aggregate principal amount of $690 million. The expansion increases the diversified group of lenders to 11 banks.