Trinity Capital Inc. (TRIN): debt financing — Trinity Capital subsidiary enters $200M secured term loan agreement with KeyBank

Trinity Capital Inc.

TrinCap Term Funding, LLC, a wholly owned subsidiary, borrows $200M from KeyBank under a secured term loan facility.
Interest rate set at Term SOFR plus 2.40% per annum, payable monthly; maximum advance rate of 58%.
Facility matures November 5, 2029, with a two-year initial period and a two-year amortization period.
Collateral consists of all investment assets held by TCTF; includes customary financial covenants and events of default.
Trinity Capital Inc. serves as servicer under the credit agreement, executed November 5, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

Trinity Capital Inc. incurred credit facility of $200 million with KeyBank National Association, as administrative agent at Term SOFR plus 2.40% maturing November 5, 2029.

Instrument: credit facility
Principal: $200 million
Counterparty: KeyBank National Association, as administrative agent
Rate: Term SOFR plus 2.40%
Maturity: November 5, 2029
Event: incurrence

Exact text from the filing

and Computershare Trust Company, N.A., as collateral custodian. The secured term loan facility with KeyBank (the “KeyBank Secured Term Loan Facility”) includes a commitment of $200 million from KeyBank. Borrowings under the KeyBank Term Credit Agreement bear interest at a rate equal to Term SOFR plus 2.40%, per year payable monthly, commencing on January 6, 2026.

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Source: SEC EDGAR

accession 0001193125-25-268123

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