Trinity Capital, a specialty lending company, closed a $300.0 million credit facility with affiliates of Credit Suisse.
The credit facility is scheduled to mature on January 8, 2022, unless extended. As of February 17, 2020, the company had $160 million in borrowings outstanding under the credit facility.
“We’re excited to finalize this very important part of our capitalization, adding to the equity and unsecured debt raise we recently announced,” said Steve Brown, chairman and CEO of Trinity. “We believe this credit facility will allow us to continue to grow as we scale our lending and equipment lease financing platform.”
Trinity, an internally managed specialty lending company that has elected to be regulated as a BDC, is a leading provider of debt and equipment lease financing to growth stage companies, including venture-backed companies and companies with institutional equity investors.
