Trinity Capital stock drop draws attention beyond $300 million debt deal
Trinity Capital Inc. shares ended down Thursday. The company said it planned a $300 million debt sale. Investors are watching as bond buyers ask higher risk premiums from small private-credit lenders. Shares closed 1.5% lower at $16.61 on Nasdaq, but Trinity is still up 13.4% for the year, according to MarketScreener. The company's market cap stood at around $1.39 billion.