secwatch.observer — SEC 8-K summary
======================================

Issuer:     TPG Inc. (TPG)
CIK:        0001880661
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0001193125-22-196297
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPG amends revolver to $700M, extends maturity to 2027, swaps LIBOR for SOFR
----------------------------------------------------------------------------

- Revolver commitments increased from $300M to $700M; maturity extended to July 15, 2027.
- LIBOR replaced with SOFR as reference rate in both the revolver and term loan.
- Covenants include maximum net leverage ratio and minimum fee-generating AUM, tested quarterly.
- Co-borrowers are indirect subsidiaries of TPG Inc.; Bank of America and Wells Fargo act as agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880661/000119312522196297/0001193125-22-196297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880661/000119312522196297/d369948d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-196297

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer