---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-014632"
form_type: "8-K"
ticker: "TRLC"
cik: "0001550453"
company_name: "TriLinc Global Impact Fund LLC"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:07:13.958163+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TriLinc Global Impact Fund accelerates $18M debt repayment by Aug 31; suspends DRP and repurchase

## Summary
- Default triggered by failure to file 2022 10-K; $18M outstanding under $50M credit facility must be repaid by Aug 31, 2023.
- Amendment with lenders permits continued distributions while making four installment payments.
- Distribution Reinvestment Plan and Unit Repurchase Plan suspended due to default and lack of audited financials.
- Company still seeking new independent auditor; 2022 10-K and Q1 10-Q to be filed after audit engagement.

## SEC filing metadata
- accession: 0001437749-23-014632
- form_type: 8-K
- ticker: TRLC
- cik: 0001550453
- company_name: TriLinc Global Impact Fund LLC
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.04, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1550453/000143774923014632/0001437749-23-014632-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1550453/000143774923014632/trlc20230515_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-014632
- JSON: https://secwatch.observer/filing/0001437749-23-014632.json
- Plain text: https://secwatch.observer/filing/0001437749-23-014632.txt

## Key facts
- Debt Financings
  TriLinc Global Impact Fund LLC amended credit facility of $18 million with DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and Blueorchard Microfinance Fund maturing August 31, 2023.
  - Instrument: credit facility
  - Principal: $18 million
  - Counterparty: DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and Blueorchard Microfinance Fund
  - Maturity: August 31, 2023
  - Event: amendment
  source text: the Company has entered into a Waiver and Agreement, dated as of May 9, 2023 with the Lenders (the “Amendment”) pursuant to which the Company will accelerate its repayment of the $18 million outstanding under the Credit Facility and the Lenders have agreed that the Company will be permitted to continue to pay distributions to its unitholders. The Company’s ability to continue to pay distributions is conditioned on the Company’s continued repayment of the amounts outstanding under the Credit Facility in accordance with the schedule set for the in the Amendment and the non-occurance of any additional events of default or potential events of default. The Company is required to make four installment payments to the Lenders, with the last payment due on August 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1550453/000143774923014632/0001437749-23-014632-index.htm
- Debt Financings
  TriLinc Global Impact Fund LLC reported a default on credit facility of $18 million with DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and Blueorchard Microfinance Fund.
  - Instrument: credit facility
  - Principal: $18 million
  - Counterparty: DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and Blueorchard Microfinance Fund
  - Event: default
  source text: Company has entered into a Waiver and Agreement, dated as of May 9, 2023 with the Lenders (the “Amendment”) pursuant to which the Company will accelerate its repayment of the $18 million outstanding under the Credit Facility and the Lenders have agreed that the Company will be permitted to continue to pay distributions to its unitholders. The Company’s ability
  evidence_url: https://www.sec.gov/Archives/edgar/data/1550453/000143774923014632/0001437749-23-014632-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.