Trinity Capital Inc. - 7.875% Notes Due 2029 (NASDAQ:TRINI) constitute a series of senior unsecured debt securities issued by Trinity Capital Inc. in early 2024. The notes carry an annual interest rate of 7.875%, payable quarterly, and mature on March 15, 2029. As unsecured obligations, they rank equally with the company’s other senior unsecured indebtedness.
Trinity Capital Inc. operates as a business development company (BDC) under the Investment Company Act of 1940, providing flexible debt and equity financing solutions to venture capital- and private equity-backed growth-stage companies. The firm targets sectors such as technology, life sciences and healthcare, structuring capital through subordinated debt, preferred equity and equipment financing to support expansion, acquisitions and working capital needs.
Proceeds from the 7.875% Notes Due 2029 are intended to bolster Trinity Capital’s liquidity, fund new investments and refinance existing obligations. Since its inception, the company has deployed capital to hundreds of privately held enterprises, leveraging deep industry expertise to structure tailored financing solutions that align with its clients’ strategic objectives.
Trinity Capital’s leadership team is led by President and Chief Executive Officer William E. Bradford, supported by a board of directors with extensive backgrounds in private equity and venture capital. The firm serves a nationwide portfolio of growth-oriented companies, delivering strategic financing and advisory services designed to foster long-term development.
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