Triumph Financial Inc.

09/11/2025 | Press release | Distributed by Public on 09/11/2025 14:08

Material Event (Form 8-K)

Item 8.01.Other Events
TBK Bank, SSB (the "Bank"), the wholly-owned bank subsidiary of Triumph Financial, Inc. (the "Company") is the agent bank for a $60.5 million loan facility, of which the Bank holds approximately $23 million, for which Tricolor Holdings, LLC ("Tricolor") is the lead borrower. The loan is secured by collateral, including a perfected first lien security interest in vehicle inventory. On September 10, 2025, Tricolor and its affiliates filed for Chapter 7 bankruptcy in the United States District Court for the Northern District of Texas. The Bank is working to secure and consolidate its vehicle collateral.
Triumph Financial Inc. published this content on September 11, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 11, 2025 at 20:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]