debt
confidence high
sentiment neutral
materiality 0.55
TPVG closes $125M private placement of 5.00% Senior Notes due 2027
TriplePoint Venture Growth BDC Corp.
- $125M aggregate principal, 5.00% fixed rate, matures Feb 28, 2027.
- Net proceeds to repay $350M revolver credit facility and fund investments.
- Notes are unsecured, rank pari passu with existing unsecured notes; secured if future secured debt exceeds $25M.
- Goldman Sachs & Co. LLC acted as sole placement agent.