{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-268123","form_type":"8-K","ticker":"TRIN","cik":"0001786108","company_name":"Trinity Capital Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.453799+00:00","generated_at":"2026-05-16T23:54:21.599363+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Trinity Capital subsidiary enters $200M secured term loan agreement with KeyBank","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-268123","json":"https://secwatch.observer/filing/0001193125-25-268123.json","markdown":"https://secwatch.observer/filing/0001193125-25-268123.md","text":"https://secwatch.observer/filing/0001193125-25-268123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786108/000119312525268123/0001193125-25-268123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786108/000119312525268123/trin-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:54:21.599363+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b7f019d43d1f9cbb03d64c808522383e5739a962","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786108/000119312525268123/0001193125-25-268123-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"KeyBank National Association, as administrative agent"},{"label":"Rate","value":"Term SOFR plus 2.40%"},{"label":"Maturity","value":"November 5, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}