Trinity Capital Prices $350 Million Offering due 2032

04:33 AM EDT, 10/01/2026 (MT Newswires) -- Trinity Capital (TRIN) priced an underwritten public offering of $350 million of 7.50% unsecured notes due Jan. 15, 2032, the company said Wednesday. Interest on the notes will be paid semiannually starting Jan. 15, 2027, and Trinity can redeem the debt at par, subject to a possible make-whole premium, the company said. Trinity said it intends to use the net proceeds to repay a portion of its existing indebtedness under the KeyBank Credit Facility and for general corporate purposes. The offering is expected to close Oct. 5, subject to customary conditions, the company said.