---
schema_version: "secwatch.filing_event.v1"
accession: "0001880661-23-000066"
form_type: "8-K"
ticker: "TPG"
cik: "0001880661"
company_name: "TPG Inc."
filed_at: "2023-09-27T23:59:59+00:00"
generated_at: "2026-06-10T08:22:22.528007+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TPG boosts revolving credit facility to $1.2B, extends maturities ahead of Angelo Gordon acquisition

## Summary
- Revolver commitments increased from $700M to $1.2B; accordion cap raised to $1.5B.
- Maturity of revolver extended from July 2027 to September 2028.
- Term loan maturity extended from December 2024 to March 2026.
- Facilities include provisions to support the pending $1B+ acquisition of Angelo Gordon.
- New ESG-linked KPI provision may adjust interest rates based on sustainability targets.

## SEC filing metadata
- accession: 0001880661-23-000066
- form_type: 8-K
- ticker: TPG
- cik: 0001880661
- company_name: TPG Inc.
- filed_at: 2023-09-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880661/000188066123000066/0001880661-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880661/000188066123000066/tpg-20230926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880661-23-000066
- JSON: https://secwatch.observer/filing/0001880661-23-000066.json
- Plain text: https://secwatch.observer/filing/0001880661-23-000066.txt

## Key facts
- Debt Financings
  TPG Inc. amended revolving credit of $1.2 billion with Bank of America, N.A. maturing September 26, 2028.
  - Instrument: revolving credit
  - Principal: $1.2 billion
  - Counterparty: Bank of America, N.A.
  - Maturity: September 26, 2028
  - Event: amendment
  source text: The Senior Unsecured Revolving Credit Facility, among other things, (i) extends the maturity date of the revolving credit facility from July 15, 2027 to September 26, 2028; (ii) increases the aggregate revolving commitments thereunder from $700 million to $1.2 billion; (iii) increases the commitment increase cap thereunder from $1 billion to $1.5 billion; (iv) increases the required minimum amount of fee generating assets under management thereunder; (v) provides for an 18 month timeline for establishing, at the option of the borrower, specified key performance indicators with respect to certain environmental, social and governance targets to qualify for interest rate adjustments; (vi) provides for additional flexibility with respect to internal reorganizations; and (vii) provides for certain limited condition availability provisions, and other adjustments, in connection with the acquisition of Angelo, Gordon & Co, L.P., AG Funds L.P. and certain of their affiliated entities (collectiv
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880661/000188066123000066/0001880661-23-000066-index.htm
- Debt Financings
  TPG Inc. amended term loan with Wells Fargo Bank, N.A. maturing March 31, 2026.
  - Instrument: term loan
  - Counterparty: Wells Fargo Bank, N.A.
  - Maturity: March 31, 2026
  - Event: amendment
  source text: The Senior Unsecured Term Loan Agreement, among other things, (i) extends the maturity date of the term credit facility from December 2, 2024 to March 31, 2026; (ii) increases the required minimum amount of fee generating assets under management thereunder; (iii) provides for additional flexibility with respect to internal reorganizations; and (iv) provides for certain other adjustments in connection with the Acquisition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880661/000188066123000066/0001880661-23-000066-index.htm

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