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TriLinc appoints CEO Nelund as interim CFO; portfolio fair value $266M as of Aug 31
CEO Gloria Nelund appointed interim CFO, replacing Mark Tipton who resigned effective June 30, 2024.
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TriLinc Global Impact Fund reports $252.9M portfolio fair value, $1.2B total funded to 98 borrowers as of Dec 31, 2023
Portfolio fair valued at $252.9M; weighted average loan size $8M and duration 0.76 years.
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TriLinc Global Impact Fund updates portfolio, preliminary NAV per unit down to $5.687
Preliminary estimated NAV per unit: Dec 2022 $5.968, Mar 2023 $5.864, Jun 2023 $5.687.
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TriLinc Global Impact Fund accelerates $18M debt repayment by Aug 31; suspends DRP and repurchase
Default triggered by failure to file 2022 10-K; $18M outstanding under $50M credit facility must be repaid by Aug 31, 2023.
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TriLinc reports Dec 31 NAV of $6.046/unit, down 11.6% from Q3; unable to file 2022 10-K
NAV per unit fell to $6.046 from $6.838 in Q3, driven by risk repricing of Watch List assets.