---
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"
generated_at: "2026-05-16T23:54:21.599363+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Trinity Capital subsidiary enters $200M secured term loan agreement with KeyBank

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-268123
- JSON: https://secwatch.observer/filing/0001193125-25-268123.json
- Plain text: https://secwatch.observer/filing/0001193125-25-268123.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1786108/000119312525268123/0001193125-25-268123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.