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Home Deal Announcements

Trinity Capital Increases its Credit Facility with KeyBank to $600MM

byBrianna Wilson
December 11, 2024
in Deal Announcements

Trinity Capital, a provider of diversified financial solutions to growth-oriented companies, increased $600 million of total commitments under its credit facility led by KeyBank._x000D_
_x000D_
The credit facility was expanded under the existing accordion feature by $90 million, bringing total commitments from $510 million to $600 million. The $90 million increase was provided by the diversified bank syndicate of 13 participants. The existing credit facility accordion feature allows for maximum commitments of up to $690 million._x000D_
_x000D_
“We appreciate the continued commitment and support from our valued banking partners,” Michael Testa, chief financial officer of Trinity Capital, said. “This upsize to the credit facility allows us to continue to grow our platform while maintaining access to significant liquidity.”

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