TRINZ: Robust Baby Bond From Trinity Capital, 7.7% Yield [Seeking Alpha]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
Company Research
Source: Seeking Alpha
TRIN Binary Tree Analytics 4.88K Follower s Follow Play 8min Summary Trinity Capital is a BDC that funds itself through a bank facility and exchange-listed baby bonds, focusing on lending to high-growth companies. TRINZ, a baby bond with a $25 par value, offers a 7.7% current yield and trades slightly above par, maturing in 2029. The main risk factors include potential high loan losses during a severe recession and the opaque nature of private debt pricing. TRINZ is a robust issuance, but we recommend holding until it trades below par for a more attractive entry point. J Studios/DigitalVision via Getty Images Thesis Trinity Capital ( TRIN ) is a business development company ('BDC'). The name funds itself via both a bank facility and exchange listed notes. The 7.875% Notes Due 2029 ( NASDAQ: TRINZ ) represent the This article was written by Binary Tree Analytics 4.88K Follower s Follow With an investment banking cash and derivatives trading backgrou
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TRIN
News
- Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form Energy [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form EnergyPR Newswire
- EXCLUSIVE: Trinity Capital Commits $50 Million In Equipment Financing To Form Energy [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Fourth Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Fourth Quarter of 2024PR Newswire
TRIN
Earnings
- 10/30/24 - Miss
TRIN
Sec Filings
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- TRIN's page on the SEC website