Trinity Capital Inc. Increases Its Credit Facility To $510 Million

(MENAFN- PR Newswire) 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.
Trinity Capital Inc.
(Nasdaq: TRIN ), an internally managed business development company, is a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors.
Trinity Capital's
investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equipment financings and equity-related investments. Trinity Capital believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience and track record in lending to growth stage companies. For more information, please visit the Company's website at .

Contact
Ben Malcolmson
Head of Investor Relations
Trinity Capital Inc.
[email protected]

SOURCE Trinity Capital Inc.

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