Trinity Capital (TRIN) said late Tuesday it has priced an underwritten public offering of $300 million of 7.0% notes due May 21, 2031.
The offering is expected to close on May 21, the firm said.
The company said it plans to use net proceeds to pay down a portion of its debt under the KeyBank Credit Facility.
3:00 Monday vs 3:00 Friday2yr 99-11 vs 99-12; 4.088% vs 4.079%5yr 98-06+ vs 98-09; 4.280% vs 4.256%10yr 98-01 vs 98-08; 4.621% vs 4.594%30yr 97-24+ vs 98-01+; 5.146% vs 5.127%2/10 53.099 bps vs 51.293 bps5/30 86.456 bps vs 86.919 bps
President Donald Trump will swear Kevin Warsh in as Federal Reserve chair on Friday during a ceremony, Bloomberg reported Monday, citing an official.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)