TriplePoint Venture Growth BDC Corp. entered into a Master Note Purchase Agreement on Feb. 27, 2026 to issue $75 million of senior unsecured notes due Feb. 27, 2028 in a private placement to a qualified institutional investor, bearing fixed interest of 7.50% annually. The company used the net proceeds, along with revolver borrowings and cash on hand, to repay at maturity $200 million of its 4.50% unsecured notes due March 2026. The new notes pay interest quarterly and include customary covenants, including a minimum 1.50x asset coverage ratio and minimum stockholders’ equity requirements.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-022440), on March 02, 2026, and is solely responsible for the information contained therein.
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