#United States #Phoenix #Trinity Capital #Nasdaq TRIN #7% Notes

Trinity Capital Inc. Prices $300 Million Offering of 7.0% Notes Due in 2031

Trinity Capital Inc. (Nasdaq: TRIN), a prominent player in the realm of alternative asset management, has taken a significant step by pricing an underwritten public offering totaling $300 million in 7.0% notes due 2031. This announcement, made on May 19, 2026, reflects the company's strategic intentions to optimize its capital structure and reduce existing debt obligations.

Offering Details

The notes, which are set to mature on May 21, 2031, present an attractive annual interest rate of 7.0%, with interest payments scheduled to be made semiannually starting from November 21, 2026. Notably, the notes are unsecured, and they may be redeemed at the company’s discretion, fully or partially, at par value plus a potential “make whole” premium, if applicable.

The successful closure of the offering is anticipated to occur by May 21, 2026, pending the satisfaction of normal closing conditions. The net proceeds from this issuance are aimed primarily at alleviating a portion of the existing debt incurred under the KeyBank Credit Facility, positioning Trinity Capital for future growth.

Role of Underwriters

Noteworthy in this transaction are the engagements of Keefe, Bruyette & Woods, A Stifel Company, and MUFG Securities Americas Inc., serving as joint book-running managers. Their expertise will guide the execution of this offering, appealing to investors interested in gaining exposure to alternative asset classes.

Investment Advisory

Investors are encouraged to thoroughly assess the investment objectives, associated risks, and related expenses prior to making any investment in Trinity Capital. The prepared preliminary prospectus supplement dated May 19, 2026, along with the base prospectus dated August 11, 2025, is filed with the Securities and Exchange Commission (SEC). These documents provide extensive information regarding the company and the offering, and they should be reviewed carefully for anyone considering an investment.

Trinity Capital’s recent filing of a shelf registration statement, which includes a base prospectus, is integral for the ongoing transparency and regulatory compliance of this offering. Investors can access these filings free of charge through the SEC’s EDGAR database at www.sec.gov.

About Trinity Capital Inc.

Founded and headquartered in Phoenix, Arizona, Trinity Capital Inc. stands as an international alternative asset manager committed to delivering reliable returns across private credit markets. The company adeptly sources and structures significant investments targeting well-capitalized growth-oriented firms. Trinity Capital operates through five specialized business units, namely: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences. This diversified approach underlines their commitment as a long-term partner for innovative enterprises seeking customized debt solutions.

Forward-Looking Statements

This communication may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements do not guarantee future performance and entail inherent risks and uncertainties. Actual outcomes may significantly differ from expressed expectations due to various factors, many of which are elaborated in filings to the SEC. The company retains no obligation to update any forward-looking statements to account for subsequent events or developments.

To sum up, Trinity Capital’s strategic pricing of the $300 million notes embodies its robust approach towards debt management and signals a forward-thinking initiative towards optimizing its capital for future growth avenues.