Trinity Capital Inc. Prices Offering of $100.0 Million of 7.875% Notes due 2029
PHOENIX, March 25, 2024 /PRNewswire/ — Trinity Capital Inc. (“Trinity”) (NASDAQ: TRIN), an internally managed business development company, today announced that it has priced an underwritten public offering of $100.0 million in aggregate principal amount of 7.875% notes due 2029 (the “Notes”). The Notes will mature on March 30, 2029, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after March 30, 2026. In connection with the offering, Trinity has granted the underwriters a 30-day option to purchase additional Notes in an amount up to $15.0 million to cover overallotments, if any. The Notes are being issued at 100% of the principal amount per Note.