Trinity Capital Inc.: issues $350,000,000 of 7.500% notes due 2032

What happened

• The filing reports that Trinity Capital Inc entered into an underwriting agreement on Sep 30, 2026 and a ninth supplemental indenture with U.S. Bank Trust Company, National Association on Oct 5, 2026, and issued $350,000,000 aggregate principal amount of 7.500% notes due Jan 15, 2032. The transaction closed on Oct 5, 2026.

Key details

• The notes bear interest at 7.500% per year, payable semi-annually on Jan 15 and Jul 15, commencing Jan 15, 2027, and mature Jan 15, 2032.
• The notes may be redeemed at the company’s option prior to Dec 15, 2031 at par plus a make-whole premium and at par on or after Dec 15, 2031.
• Net proceeds to the company were approximately $342,610,000 after underwriting discounts and estimated offering expenses.
• The filing states the company intends to use the net proceeds to repay outstanding secured indebtedness under its credit agreement with KeyBank, National Association.

Why it may matter

• The filing is reported under Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation), which cover the underwriting and indenture agreements and the issuance of the notes. The filing does not show why the company acted.