Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
Trinity Capital Inc. (Nasdaq: TRIN) has received confirmation of its investment grade credit rating of 'BBB (low)' with a stable outlook from Morningstar DBRS. This confirmation was announced by Trinity, a leading alternative asset manager. Morningstar DBRS, which rates over 4,000 issuers and 60,000 securities globally, is recognized as the fourth-largest credit rating agency worldwide and maintains a leading position in Canada, the United States, and Europe across multiple asset classes.
Trinity Capital Inc. (Nasdaq: TRIN) ha ricevuto conferma della sua valutazione creditizia investment grade di 'BBB (basso)' con un outlook stabile da parte di Morningstar DBRS. Questa conferma è stata annunciata da Trinity, un importante gestore di asset alternativi. Morningstar DBRS, che valuta oltre 4.000 emittenti e 60.000 titoli a livello globale, è riconosciuta come la quarta agenzia di rating creditizio più grande al mondo e mantiene una posizione di leadership in Canada, negli Stati Uniti e in Europa su più classi di attivi.
Trinity Capital Inc. (Nasdaq: TRIN) ha recibido la confirmación de su calificación crediticia de grado de inversión de 'BBB (bajo)' con una perspectiva estable por parte de Morningstar DBRS. Esta confirmación fue anunciada por Trinity, un destacado gestor de activos alternativos. Morningstar DBRS, que califica a más de 4.000 emisores y 60.000 valores a nivel global, es reconocida como la cuarta agencia de calificación crediticia más grande del mundo y mantiene una posición de liderazgo en Canadá, Estados Unidos y Europa en múltiples clases de activos.
트리니티 캐피탈 Inc. (NASDAQ: TRIN)는 모닝스타 DBRS로부터 안정적인 전망의 투자 등급 신용 등급인 'BBB (낮음)'의 확인을 받았습니다. 이 확인은 주요 대체 자산 관리자 인 트리니티에 의해 발표되었습니다. 전 세계 4,000개 발행자와 60,000개 증권을 평가하는 모닝스타 DBRS는 세계에서 네 번째로 큰 신용 평가 기관으로 인정받으며, 캐나다, 미국 및 유럽 전역의 여러 자산 클래스에서 선도적인 위치를 유지하고 있습니다.
Trinity Capital Inc. (Nasdaq: TRIN) a reçu la confirmation de sa note de crédit investment grade de 'BBB (faible)' avec une perspective stable de Morningstar DBRS. Cette confirmation a été annoncée par Trinity, un gestionnaire d'actifs alternatifs de premier plan. Morningstar DBRS, qui évalue plus de 4 000 émetteurs et 60 000 titres à l'échelle mondiale, est reconnue comme la quatrième agence de notation de crédit au monde et maintient une position de leader au Canada, aux États-Unis et en Europe dans plusieurs catégories d'actifs.
Trinity Capital Inc. (Nasdaq: TRIN) hat die Bestätigung ihrer Investment-Grade-Kreditbewertung von 'BBB (niedrig)' mit stabiler Aussichten von Morningstar DBRS erhalten. Diese Bestätigung wurde von Trinity, einem führenden Anbieter von alternativen Anlagevermögen, angekündigt. Morningstar DBRS, das über 4.000 Emittenten und 60.000 Wertpapiere weltweit bewertet, ist als die viertgrößte Kreditratingsagentur der Welt anerkannt und hält eine führende Position in Kanada, den Vereinigten Staaten und Europa in verschiedenen Anlageklassen.
- Maintained investment grade credit rating 'BBB (low)' with stable outlook
- Rating confirmation by major credit agency strengthens market credibility
- None.
Insights
The reaffirmation of Trinity Capital's BBB (low) investment grade rating by Morningstar DBRS carries significant strategic implications for the company's operations and market position. This rating maintenance is particularly valuable in the current market environment, where credit quality scrutiny has intensified.
From an operational perspective, the investment grade rating provides Trinity with several competitive advantages: 1) Lower borrowing costs, which can enhance net interest margins and potentially lead to improved profitability, 2) Broader access to institutional funding sources, enabling more flexible capital deployment and 3) Enhanced credibility with potential venture debt clients, possibly leading to better deal flow.
For investors, this rating confirmation signals:
- Strong balance sheet management and sustainable leverage levels
- Robust risk management practices and portfolio quality
- Institutional-quality operations that meet stringent rating agency criteria
In the broader BDC (Business Development Company) sector, maintaining an investment grade rating is particularly noteworthy as it distinguishes Trinity among its peers. The stable outlook suggests that Morningstar DBRS views Trinity's business model, asset quality and risk management framework as sustainable, even in potentially challenging market conditions.
Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, Morningstar DBRS is the fourth-largest credit rating agency in the world and a market leader in
About Trinity Capital Inc.
Trinity Capital Inc. (Nasdaq: TRIN) is an international alternative asset manager, aiming to provide investors with stable and consistent returns through access to the private credit market. We source, vet, and invest in dynamic privately funded growth-oriented companies, giving our investors access to a strong and diversified portfolio. With distinct business verticals, Trinity stands as a trusted partner for innovative companies seeking tailored growth capital solutions. Headquartered in Phoenix,
Forward-Looking Statements
This press release may contain "forward-looking statements". Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission ("SEC"). The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. More information on risks and other potential factors that could affect the Company's financial results, including important factors that could cause actual results to differ materially from plans, estimates or expectations included herein or on the webcast/conference call, is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed annual report on Form 10-K and subsequent SEC filings.
Contact
Ben Malcolmson
Head of Investor Relations
Trinity Capital Inc.
ir@trincapinvestment.com
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SOURCE Trinity Capital Inc.
FAQ
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