Trinity Capital Sets Price for $350 Million in 7.50% Notes Maturing in 2032

Trinity Capital Launches $350 Million Offering of 7.50% Notes

Trinity Capital Inc. (NYSE: TRIN), a prominent player in the alternative asset management sector, has recently disclosed its plan to issue a substantial $350 million in 7.50% notes that are set to mature in January 2032. This announcement was made on September 30, 2026, and marks a significant move for the company as it seeks to enhance its financial strategies.

Offering Details and Future Plans

The newly issued notes will attract investors with a fixed interest rate of 7.50%, payable semiannually, starting January 15, 2027. These notes can also be redeemed in whole or in part at the company's discretion at par value, plus any applicable premium. The offering is expected to close on October 5, 2026, contingent upon standard closing conditions.

Trinity Capital plans to utilize the proceeds from this offering primarily to pay down a portion of its existing debt, specifically under the KeyBank Credit Facility. Additionally, the raised funds will be allocated towards general corporate purposes, facilitating smoother operational workflows and possibly new investment opportunities in the future.

Collaborators in the Offering

This offering will be led by joint book-running managers Keefe, Bruyette & Woods, Inc., a Stifel Company, and MUFG Securities Americas Inc. Their expertise will help structure this transaction effectively to ensure a successful market entry.

Investment Considerations

Investors looking to participate in this offering are encouraged to thoroughly consider the risks and objectives pertaining to investing in Trinity Capital. A preliminary prospectus supplement and an accompanying base prospectus have been filed with the Securities and Exchange Commission (SEC), outlining the risks and potential returns associated with this investment. These documents are essential reads for anyone considering an investment in these notes.

About Trinity Capital Inc.

Trinity Capital Inc. is an international alternative asset manager known for providing investors access to private credit markets while targeting consistent returns. The company's investment approach emphasizes collaboration with well-capitalized, growth-oriented enterprises across various sectors, including Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Healthcare & Life Sciences. Based in Phoenix, Arizona, Trinity Capital's dedicated teams operate strategically across the United States and Europe to create value in the communities they serve.

Looking Ahead

This new offering signals Trinity Capital's ongoing strategy to optimize its capital structure and reinforce its market position. As the company navigates an ever-evolving financial landscape, its commitment to managing debt and funding growth initiatives will likely benefit shareholders and investors alike. Interested parties can access further details and necessary documentation regarding this offering through the SEC’s EDGAR system or directly from Trinity Capital or its underwriting partners.

Conclusion

In summary, Trinity Capital's announcement about its public offering of $350 million in 7.50% notes reflects its proactive measures in debt management and growth-focused strategies. With the investment landscape constantly changing, such offerings play a critical role in the company's efforts to drive consistent, long-term returns for investors. Stay tuned for more updates as the situation develops further and the offering closes next month.