secwatch.observer — SEC 8-K summary
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Issuer:     AG Twin Brook BDC, Inc. (—)
CIK:        0001666384
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001666384-23-000044
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

AG Twin Brook BDC acquired by TCAP for $20/share cash; special dividend of $0.7556 declared
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- Merger with AG Twin Brook Capital Income Fund closed July 28, 2023; each share converted to $20 cash.
- Total cash consideration ~$193 million, funded by $180M credit facility borrowings and $13M cash on hand.
- Special dividend of $0.7556 per share declared July 27, payable July 28 to stockholders of record July 27.
- Transaction approved by TCAP shareholders and AG Twin Brook BDC stockholders at July 18 special meetings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666384/000166638423000044/0001666384-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666384/000166638423000044/agtb-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001666384-23-000044

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