Trinity Capital, a leading provider of diversified financial solutions to growth-stage companies, announced an increase to $510 million of total commitments under its credit facility led by KeyBank.
The credit facility was expanded under the existing accordion feature by $70 million, bringing total commitments from $440 million to $510 million. The $70 million increase was provided by two new lenders, bringing the diversified bank syndicate to 13 participants. The existing credit facility accordion feature allows for maximum commitments of up to $690 million.