Reported Earlier, Trinity Capital Prices Underwritten Public Offering Of $100M 7.875% Notes Due 2029
Portfolio Pulse from Benzinga Newsdesk
Trinity Capital has priced an underwritten public offering of $100 million in 7.875% notes due 2029.
July 17, 2024 | 6:27 am
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POSITIVE IMPACT
Trinity Capital has successfully priced an underwritten public offering of $100 million in 7.875% notes due 2029. This move is likely to provide the company with additional capital for its operations and investments.
The successful pricing of the notes indicates strong investor confidence and provides Trinity Capital with significant additional capital. This can be used for further investments and operations, potentially leading to growth and positive stock performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100