Trinity Capital Boosts Borrowing Capacity and Extends Maturity

Trinity Capital (TRIN) has issued an update.

Trinity Capital Inc.’s subsidiary, TrinCap Funding LLC, enhanced its financial flexibility by amending its credit agreement with KeyBank, boosting its borrowing limit from $350 million to $440 million, with the potential to increase commitments up to $690 million. The maturity date of the facility has also been extended to July 2029, and adjustments have been made to the advance rates on various loan types to better align with the company’s financing strategy.

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