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Stock impact report

Trinity Capital Inc. Increases its Credit Facility to $510 Million [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
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 a Show less Read more
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