TriplePoint Venture Growth BDC Extends and Improves $300 Million Revolving Credit Facility

Reuters12-01
TriplePoint Venture Growth BDC Extends and Improves $300 Million Revolving Credit Facility

TriplePoint Venture Growth BDC Corp. has amended its revolving credit facility, extending the revolving period to November 30, 2027, and the maturity date to May 30, 2029. The agreement features improved terms, including a reduced spread on borrowings and higher advance rates on pledged assets. The total commitments under the facility remain at $300 million, with an option to increase to $400 million under certain conditions. The lending group includes Deutsche Bank AG (New York Branch), KeyBank National Association, MUFG Bank, Ltd., Customers Bank, Axos Bank, and EverBank, N.A. The amendment is expected to enhance TPVG's financial flexibility and support its continued financing of venture growth stage companies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TriplePoint Venture Growth BDC Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251130068847) on December 01, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment