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Stock impact report

Trinity Capital Inc. Increases its Credit Facility to $600 Million [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
solutions to growth-oriented companies, today announced an increase to $600 million of total commitments under its credit facility led by KeyBank N.A. The credit facility was expanded under the existing accordion feature by $90 million , bringing total commitments from $510 million to $600 million . The $90 million increase was provided by the diversified bank syndicate of 13 participants. The existing credit facility accordion feature allows for maximum commitments of up to $690 million "We appreciate the continued commitment and support from our valued banking partners," said Michael Testa , Trinity's Chief Financial Officer. "This upsize to the credit facility allows us to continue to grow our platform while maintaining access to significant liquidity." 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-oriented companies with institutional equit Show less Read more
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