{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-042189","form_type":"8-K","ticker":null,"cik":"0001913724","company_name":"TPG Twin Brook Capital Income Fund","filed_at":"2026-06-10T20:08:59+00:00","discovered_at":"2026-06-10T20:10:00.422100+00:00","generated_at":"2026-06-10T20:10:11.896399+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"TPG Twin Brook issues $225M Series D notes in private placement (6.67%/7.03% coupons)","bullets":["$225M aggregate: $50M Tranche A at 6.67% due 2029, $175M Tranche B at 7.03% due 2031.","Issued to qualified institutional investors in private placement; guaranteed by subsidiary Twin Brook Capital Funding XXXIII LLC.","Notes unsecured, rank pari passu; covenants include min shareholders' equity $1.25B+25% of net equity proceeds after Oct 2025.","Interest payable semiannually; optional redemption at par plus make-whole; change-in-control prepayment obligation.","Rating event triggers: 1% step-up on Below Investment Grade, 1.5% on Secured Debt Ratio, 2% if both."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-042189","json":"https://secwatch.observer/filing/0001628280-26-042189.json","markdown":"https://secwatch.observer/filing/0001628280-26-042189.md","text":"https://secwatch.observer/filing/0001628280-26-042189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1913724/000162828026042189/0001628280-26-042189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1913724/000162828026042189/agci-20260604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T20:10:11.896399+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb269d0561da7cfcdcb6dba30695b197eaf2f9b7","claim":"TPG Twin Brook Capital Income Fund incurred senior notes of $225,000,000 aggregate principal amount with qualified institutional investors at 6.67% per annum for Tranche A and 7.03% per annum for Tranche B maturing June 4, 2029 for Tranche A and June 4, 2031 for Tranche B.","evidence_excerpt":"On June 4, 2026, TPG Twin Brook Capital Income Fund, a Delaware statutory trust (the “Company”), entered into a Third Supplement (the “Third Supplement”), to the Master Note Purchase Agreement dated as of March 19, 2024 (the “Note Purchase Agreement”), governing the issuance of $225,000,000 aggregate principal amount of Series D Notes consisting of (i) $50,000,000 aggregate principal amount of 6.67% Series D Senior Notes, Tranche A, due June 4, 2029 (the “Tranche A Notes”), and (ii) $175,000,000 aggregate principal amount of 7.03% Series D Senior Notes, Tranche B, due June 4, 2031 (the “Tranche B Notes,” together with the Tranche A Notes, the “Series D Notes”), to qualified institutional investors in a private placement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1913724/000162828026042189/0001628280-26-042189-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$225,000,000 aggregate principal amount"},{"label":"Counterparty","value":"qualified institutional investors"},{"label":"Rate","value":"6.67% per annum for Tranche A and 7.03% per annum for Tranche B"},{"label":"Maturity","value":"June 4, 2029 for Tranche A and June 4, 2031 for Tranche B"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ea5f27839f36e75cbb5b5e98febbf9d2c482e6b8","claim":"TPG Twin Brook Capital Income Fund amended Third Supplement to Master Note Purchase Agreement with qualified institutional investors valued at $225,000,000 aggregate principal amount (effective 2026-06-04).","evidence_excerpt":"On June 4, 2026, TPG Twin Brook Capital Income Fund, a Delaware statutory trust (the “Company”), entered into a Third Supplement (the “Third Supplement”), to the Master Note Purchase Agreement dated as of March 19, 2024 (the “Note Purchase Agreement”), governing the issuance of $225,000,000 aggregate principal amount of Series D Notes","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1913724/000162828026042189/0001628280-26-042189-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"qualified institutional investors"},{"label":"Value","value":"$225,000,000 aggregate principal amount"},{"label":"Effective","value":"2026-06-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}