secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001213900-24-027239
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital issues $115M 7.875% Notes due 2029; net proceeds ~$111.4M
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- Notes bear 7.875% interest, payable quarterly; mature March 30, 2029.
- Net proceeds of ~$111.4M after underwriting discount and expenses.
- Proceeds to pay down ~$265M credit facility balance; may redeem portion of $182.5M 7.00% Notes due 2025.
- Notes listed on Nasdaq under symbol TRINZ; expected to trade within 30 days.
- Issued under Base Indenture and Fifth Supplemental Indenture; unsecured and rank pari passu with other unsecured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024027239/0001213900-24-027239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024027239/ea0202793-01_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-027239

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