TriplePoint Venture Growth BDC Corp. Extends Credit Facility to $400 Million
TriplePoint Venture Growth BDC Corp. announced that on November 25, 2025, it entered into an amendment to its revolving credit facility that, among other things, extends the revolving period to November 30, 2027 and the scheduled maturity date to May 30, 2029, and provides improved terms, including, but not limited to, a reduced spread on borrowings and higher advance rates on assets pledged to the borrowing base. The Company currently has $300 million in total commitments available under the Credit Facility, which includes an accordion feature that allows the Company to increase the size of the Credit Facility to up to $400 million under certain circumstances. Borrowings under the Credit Facility are subject to various covenants including the leverage restrictions contained in the Investment Company Act of 1940. Deutsche Bank AG, New York Branch serves as facility agent and as a lender, together with KeyBank National Association, MUFG Bank, Ltd., Customers Bank, Axos Bank and EverBank, N.A., under the Credit Facility. For more information regarding the Credit Facility, as most recently amended, please see the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 1, 2025.
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TriplePoint Venture Growth BDC Reveals Changes to Its Revolving Credit Facility
Credit Facility Amendment: TriplePoint Venture Growth BDC announced an amendment to its revolving credit facility, extending the revolving period to November 30, 2027, and the maturity date to May 30, 2029.
Improved Terms: The amendment includes a reduced spread on borrowings and higher advance rates on assets pledged to the borrowing base, enhancing the company's financial flexibility.
