secwatch / observer
8-K filed June 2, 2023, 7:59 PM ET CIK 0001792509
debt confidence high sentiment neutral materiality 0.40

TriplePoint Private Venture Credit Inc.: debt financing — TriplePoint extends credit facility revolving period to July 2025, maturity to Jan 2027

TriplePoint Private Venture Credit Inc.

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

TriplePoint Private Venture Credit Inc. amended revolving credit with Deutsche Bank AG, New York Branch, MUFG Bank, Ltd., TIAA, FSB and KeyBank National Association, as committed lenders at (a) 3.25% plus the lender's cost of funds rate, which is a floating rate based o maturing the earlier of (a) January 15, 2027 or (b) the effective date on which the Credit Facility is otherwise terminated pursuant to its terms.

Instrument
revolving credit
Counterparty
Deutsche Bank AG, New York Branch, MUFG Bank, Ltd., TIAA, FSB and KeyBank National Association, as committed lenders
Rate
(a) 3.25% plus the lender's cost of funds rate, which is a floating rate based o
Maturity
the earlier of (a) January 15, 2027 or (b) the effective date on which the Credit Facility is otherwise terminated pursuant to its terms
Event
amendment
Exact text from the filing
On May 31, 2023, TriplePoint Private Venture Credit Inc.’s (the “ Company ”) wholly owned subsidiary, TPVC Funding Company LLC (the “ Borrower ”), amended its Receivables Financing Agreement, dated as of July 15, 2020 (as amended, supplemented, amended and restated and otherwise modified from time to time, the “ Receivables Financing Agreement ” and the secured revolving credit facility thereunder, the “ Credit Facility ”), by executing the Third Amendment to the Receivables Financing Agreement, dated as of May 31, 2023 (the “ Amendment ”), by and among the Borrower, the Company, individually and as collateral manager, Computershare Trust Company, N.A., as custodian, Deutsche Bank AG, New York Branch (“ DBNY ”), as the facility agent, and DBNY, MUFG Bank, Ltd., TIAA, FSB and KeyBank National Association, as committed lenders.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TriplePoint Private Venture Credit Inc. amended Third Amendment to the Receivables Financing Agreement with Deutsche Bank AG, New York Branch (as facility agent); DBNY, MUFG Bank, Ltd., TIAA, FSB, KeyBank National Association (as committed lenders) (effective 2023-05-31).

Action
amendment
Agreement
credit facility
Counterparty
Deutsche Bank AG, New York Branch (as facility agent); DBNY, MUFG Bank, Ltd., TIAA, FSB, KeyBank National Association (as committed lenders)
Effective
2023-05-31
Exact text from the filing
On May 31, 2023, TriplePoint Private Venture Credit Inc.’s (the “ Company ”) wholly owned subsidiary, TPVC Funding Company LLC (the “ Borrower ”), amended its Receivables Financing Agreement, dated as of July 15, 2020 (as amended, supplemented, amended and restated and otherwise modified from time to time, the “ Receivables Financing Agreement ” and the secured revolving credit facility thereunder, the “ Credit Facility ”), by executing the Third Amendment to the Receivables Financing Agreement, dated as of May 31, 2023 (the “ Amendment ”), by and among the Borrower, the Company, individually and as collateral manager, Computershare Trust Company, N.A., as custodian, Deutsche Bank AG, New York Branch (“ DBNY ”), as the facility agent, and DBNY, MUFG Bank, Ltd., TIAA, FSB and KeyBank National Association, as committed lenders.
View on SEC.gov

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Source: SEC EDGAR
accession 0001213900-23-045789
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