secwatch / observer
8-K filed November 22, 2023, 6:59 PM ET CIK 0001913724
debt confidence high sentiment neutral materiality 0.55

TPG Twin Brook Capital Income Fund: debt financing — AG Twin Brook Capital Income Fund enters $300M senior secured revolving credit facility with Truist Bank

TPG Twin Brook Capital Income Fund

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TPG Twin Brook Capital Income Fund incurred revolving credit of $300,000,000 with Truist Bank at adjusted term SOFR plus 2.00% or the alternate base rate plus 1.00% maturing November 17, 2028.

Instrument
revolving credit
Principal
$300,000,000
Counterparty
Truist Bank
Rate
adjusted term SOFR plus 2.00% or the alternate base rate plus 1.00%
Maturity
November 17, 2028
Event
incurrence
Exact text from the filing
lenders and issuing banks party thereto and Truist Bank, as administrative agent. The Truist Credit Facility created a revolving loan facility with an initial maximum amount of $300,000,000, subject to availability under a borrowing base which consists primarily of commercial loans originated by the Company. The Company may seek additional commitments from new and
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TPG Twin Brook Capital Income Fund entered into Senior Secured Revolving Credit Agreement with Truist Bank valued at initial maximum amount of $300,000,000 (effective 2023-11-17).

Action
entry
Agreement
credit facility
Counterparty
Truist Bank
Value
initial maximum amount of $300,000,000
Effective
2023-11-17
Exact text from the filing
On November 17, 2023, AG Twin Brook Capital Income Fund, a Delaware statutory trust (the “Company”), as borrower, entered into a new Senior Secured Revolving Credit Agreement (as amended, supplemented or otherwise modified from time to time, the “Truist Credit Facility”), with the lenders and issuing banks party thereto and Truist Bank, as administrative agent.
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Source: SEC EDGAR
accession 0001913724-23-000147
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