Trinity Capital Inc. Increases its Credit Facility to $510 Million
Trinity Capital Inc. Increases its Credit Facility to $510 Million |
[19-September-2024] |
PHOENIX, Sept. 19, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced an increase to $510 million of total commitments under its credit facility led by KeyBank N.A. The credit facility was expanded under the existing accordion feature by $70 million, bringing total commitments from $440 million to $510 million. The $70 million increase was provided by two new lenders, bringing the diversified bank syndicate to 13 participants. The existing credit facility accordion feature allows for maximum commitments of up to $690 million. About Trinity Capital Inc. Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/trinity-capital-inc-increases-its-credit-facility-to-510-million-302253758.html SOURCE Trinity Capital Inc. | ||
Company Codes: NASDAQ-NMS:TRIN |