Third Point Private Capital Partners: debt financing — Third Point Private Capital Partners closes $150M ABL facility, acquires $105.9M loan portfolio

Third Point Private Capital Partners

ABL Credit Facility of $150M from Goldman Sachs Bank USA, 5-year maturity, SOFR+1.90% interest rate.
SCF Credit Facility of $20M, 1-year maturity, SOFR+2.40% interest rate.
Acquired loan portfolio from Macquarie Bank with aggregate par amount $105,909,888 for $85,696,118.
Issued 1,600,000 shares to Delticus Opportunities Fund for $40M capital contribution under subscription agreement.
Portfolio comprises 18 first-lien loan investments in healthcare, building products, apparel, and other sectors.

item 1.01 item 2.01 item 3.02 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Third Point Private Capital Partners incurred revolving credit of $20,000,000 with Goldman Sachs Bank USA at Term SOFR plus 2.40% maturing the earlier of (i) the 12-month anniversary of the closing date and (ii) 30 days prior to the last date the Fund may issue capital calls under its governing doc.

Instrument: revolving credit
Principal: $20,000,000
Counterparty: Goldman Sachs Bank USA
Rate: Term SOFR plus 2.40%
Maturity: the earlier of (i) the 12-month anniversary of the closing date and (ii) 30 days prior to the last date the Fund may issue capital calls under its governing doc
Event: incurrence

Exact text from the filing

with Goldman Sachs Bank USA, as administrative agent and lender. At closing, the SCF Credit Facility had an initial committed amount of $20,000,000

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Third Point Private Capital Partners incurred credit facility of $150,000,000 with Goldman Sachs Bank USA at Term SOFR plus 1.90% maturing five years, consisting of a three-year reinvestment period followed by a two-year amortization period.

Instrument: credit facility
Principal: $150,000,000
Counterparty: Goldman Sachs Bank USA
Rate: Term SOFR plus 1.90%
Maturity: five years, consisting of a three-year reinvestment period followed by a two-year amortization period
Event: incurrence

Exact text from the filing

with Goldman Sachs Bank USA, as administrative agent and lender. At closing, the ABL Credit Facility had an initial committed amount of $150,000,000

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Third Point Private Capital Partners issued 1,600,000 Shares of common stock to the investor for an aggregate capital contribution of $40,000,000.

Security: common stock
Shares: 1,600,000 Shares
Purchaser: the investor
Consideration: an aggregate capital contribution of $40,000,000

Exact text from the filing

the Fund issued 1,600,000 Shares to the investor in exchange for an aggregate capital contribution of $40,000,000

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Third Point Private Capital Partners entered into ABL Credit Agreement with Goldman Sachs Bank USA valued at $150,000,000 (effective 2026-04-07).

Action: entry
Agreement: credit facility
Counterparty: Goldman Sachs Bank USA
Value: $150,000,000
Effective: 2026-04-07

Exact text from the filing

On April 7, 2026, TP Private Capital Partners SPV I (FLCF) LLC (“ SPV I ”), a wholly-owned subsidiary of Third Point Private Capital Partners (the “ Fund ”), entered into a senior secured credit facility (the “ ABL Credit Facility ”) pursuant to a Credit Agreement (the “ ABL Credit Agreement” ) with Goldman Sachs Bank USA, as administrative agent and lender.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Third Point Private Capital Partners entered into Subscription Agreement with Delticus Opportunities Fund LLC valued at $40,000,000 (effective 2026-04-07).

Action: entry
Agreement: equity purchase
Counterparty: Delticus Opportunities Fund LLC
Value: $40,000,000
Effective: 2026-04-07

Exact text from the filing

On April 7, 2026, the Fund entered into a subscription agreement (the “ Subscription Agreement ”) with Delticus Opportunities Fund LLC, an affiliate of Third Point Private Capital LLC, the Fund’s investment adviser, pursuant to which the investor committed to purchase shares of the Fund’s Class I common stock, par value $0.001 per share (the “ Shares ”), in an aggregate amount of up to $40,000,000.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Third Point Private Capital Partners entered into SCF Credit Agreement with Goldman Sachs Bank USA valued at $20,000,000 (effective 2026-04-07).

Action: entry
Agreement: credit facility
Counterparty: Goldman Sachs Bank USA
Value: $20,000,000
Effective: 2026-04-07

Exact text from the filing

On April 7, 2026, TP Private Capital Partners SPV II (SCF) LLC (“ SPV II ”), a wholly-owned subsidiary of the Fund, entered into a senior secured revolving credit facility (the “ SCF Credit Facility ”) pursuant to a Credit Agreement (the “ SCF Credit Agreement ”) with Goldman Sachs Bank USA, as administrative agent and lender.

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38 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001104659-26-042705

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