secwatch.observer — SEC 8-K summary
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Issuer:     TPG Twin Brook Capital Income Fund (—)
CIK:        0001913724
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001913724-23-000006
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 2.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AG Twin Brook Capital Income Fund completes merger with Private BDC, launches with >$800M assets
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- Issued 20,943,030 Class I shares to former Private BDC shareholders; post-merger outstanding shares ~20.95M.
- Post-merger equity ~$530M, total assets >$800M, total investment commitments >$1B.
- Assumed two credit facilities: MSPV ($500M, SOFR+2.50%, matures 2027) and ASPV ($300M, SOFR+2.875%, matures 2027).
- Amended declaration of trust requires >50% shareholder vote for future mergers.
- Private BDC had net assets $305.2M, NAV $25.41 as of Sept 30, 2022; net investment income $4.35M in Q3 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1913724/000191372423000006/0001913724-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1913724/000191372423000006/agtwinbrookcapitalincomefu.htm
  HTML page:      https://secwatch.observer/filing/0001913724-23-000006

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