secwatch.observer — SEC 8-K summary
======================================

Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2026-10-05T20:52:28+00:00
Accession:  0001213900-26-106862
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Trinity Capital prices $350M 7.500% notes due 2032, net proceeds $342.61M to repay KeyBank debt
--------------------------------------------------------------------------------

- Trinity Capital entered an underwriting agreement on Sept 30, 2026 with Keefe, Bruyette & Woods and MUFG Securities for $350,000,000 of 7.500% notes due 2032.
- The notes mature Jan 15, 2032; interest is 7.500% payable Jan 15 and Jul 15, starting Jan 15, 2027; they are redeemable before Dec 15, 2031 with make-whole.
- Net proceeds were about $342.61 million; Trinity intends to repay outstanding secured indebtedness under its KeyBank credit agreement.
- Trinity and U.S. Bank Trust Company, National Association entered a ninth supplemental indenture on Oct 5, 2026; the transaction closed Oct 5, 2026.
- The notes are senior unsecured obligations, rank pari passu with existing unsecured unsubordinated debt, and rank structurally junior to subsidiary obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000121390026106862/0001213900-26-106862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000121390026106862/ea0307359-01_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-106862

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer