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Stock impact report

Trinity Capital JV Targets Senior Secured Debt And Income Mix Shift [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Trinity Capital and Capital Southwest have formed a joint venture to invest in first out senior secured debt in the lower middle market. The partnership aims to expand Trinity Capital's lending platform into a new segment of secured lending. The joint venture introduces a fresh source of potential deal flow and fee income for both partners. Trinity Capital, listed as NasdaqGS:TRIN, is entering this new partnership with its shares trading at about $14.18. The stock has seen a 4.6% gain over the past year and a 71.1% return over three years, alongside a very large 5 year return of 101.6%. For investors, this background provides useful context when weighing how the new joint venture might fit within Trinity's existing specialty finance business. By focusing on first out senior secured loans, the joint ventur Show less Read more
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