Trinity Capital prices $350 million notes offering at 7.50%

Trinity Capital Inc., an international alternative asset manager, has priced a $350 million underwritten public offering of 7.50% notes set to mature on January 15, 2032. The notes are unsecured and bear interest at a rate of 7.50% per year, payable semiannually starting January 15, 2027. The offering is expected to close on October 5, 2026, with the proceeds intended for paying down existing indebtedness and general corporate purposes.

Keefe, Bruyette & Woods, A Stifel Company, and MUFG Securities Americas Inc. are acting as joint book-running managers for the offering.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.