---
schema_version: "secwatch.filing_event.v1"
accession: "0001913724-25-000060"
form_type: "8-K"
ticker: null
cik: "0001913724"
company_name: "TPG Twin Brook Capital Income Fund"
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:42:18.047954+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TPG Twin Brook Capital Income Fund issues $100M senior notes in private placement

## Summary
- Issued $100M aggregate: $25M 6.05% Tranche A due 2028, $75M 6.40% Tranche B due 2030.
- Interest payable semiannually on June 30 and Dec 30, starting Dec 30, 2025.
- Notes are general unsecured obligations ranking pari passu with other unsecured debt.
- Covenants include min shareholders' equity $832.75M+25% of net equity proceeds after Aug 2024.
- Company may redeem at par plus accrued interest and make-whole; change-of-control prepayment required.

## SEC filing metadata
- accession: 0001913724-25-000060
- form_type: 8-K
- cik: 0001913724
- company_name: TPG Twin Brook Capital Income Fund
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1913724/000191372425000060/0001913724-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913724/000191372425000060/agci-20250630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001913724-25-000060
- JSON: https://secwatch.observer/filing/0001913724-25-000060.json
- Plain text: https://secwatch.observer/filing/0001913724-25-000060.txt

## Key facts
- Debt Financings
  TPG Twin Brook Capital Income Fund incurred senior notes of $100,000,000 aggregate principal amount of Series C Notes with qualified institutional investors at 6.05% per annum for Tranche A Notes and 6.40% per annum for Tranche B Notes maturing June 30, 2028 for Tranche A Notes and June 30, 2030 for Tranche B Notes.
  - Instrument: senior notes
  - Principal: $100,000,000 aggregate principal amount of Series C Notes
  - Counterparty: qualified institutional investors
  - Rate: 6.05% per annum for Tranche A Notes and 6.40% per annum for Tranche B Notes
  - Maturity: June 30, 2028 for Tranche A Notes and June 30, 2030 for Tranche B Notes
  - Event: incurrence
  source text: On June 30, 2025, TPG Twin Brook Capital Income Fund, a Delaware statutory trust (the “Company”), entered into a Second Supplement (the “Second Supplement”), to the Master Note Purchase Agreement dated as of March 19, 2024 (the “Note Purchase Agreement”), governing the issuance of $100,000,000 aggregate principal amount of Series C Notes consisting of (i) $25,000,000 aggregate principal amount of 6.05% Series C Senior Notes, Tranche A, due June 30, 2028 (the “Tranche A Notes”), and (ii) $75,000,000 aggregate principal amount of 6.40% Series C Senior Notes, Tranche B, due June 30, 2030 (the “Tranche B Notes,” together with the Tranche A Notes, the “Series C Notes”), to qualified institutional investors in a private placement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1913724/000191372425000060/0001913724-25-000060-index.htm

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