TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the โCompany,โ โTPVG,โ โwe,โ โus,โ or โourโ), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that on November 25, 2025, it entered into an amendment to its revolving credit facility (โCredit Facilityโ) 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 Companyโs Current Report on Form 8-K filed with the Securities and Exchange Commission on December 1, 2025.
โWe are pleased to amend our revolving credit agreement under favorable terms, which include improved pricing and an extended scheduled maturity to 2029,โ said Mike Wilhelms, chief financial officer of TPVG. โReflecting the continued confidence our banking partners have in TPVGโs long-term strategy, the amended credit facility enhances our financial flexibility during a time when we are seeing strong demand from high-quality venture growth stage companies across AI, software and other attractive sectors.โ
ABOUT TRIPLEPOINT VENTURE GROWTH BDC CORP.
TriplePoint Venture Growth BDC Corp. is an externally-managed business development company focused on providing customized debt financing with warrants and direct equity investments to venture growth stage companies in technology and other high growth industries backed by a select group of venture capital firms. The Companyโs sponsor, TriplePoint Capital, is a Sand Hill Road-based global investment platform which provides customized debt financing, leasing, direct equity investments and other complementary solutions to venture capital-backed companies in technology and other high growth industries at every stage of their development with unparalleled levels of creativity, flexibility and service. For more information about TriplePoint Venture Growth BDC Corp., visit https://www.tpvg.com. For more information about TriplePoint Capital, visit https://www.triplepointcapital.com.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute forward-looking statements. Forward-looking statements are not guarantees of future performance, events, investment activity, financial condition or results and involve a number of substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Companyโs control. Words such as โanticipates,โ โexpects,โ โintends,โ โplans,โ โwill,โ โmay,โ โcontinue,โ โbelieves,โ โseeks,โ โestimates,โ โwould,โ โcould,โ โshould,โ โtargets,โ โprojects,โ and variations of these words and similar expressions are intended to identify forward-looking statements. Actual events, investment activity, performance, condition or results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Companyโs filings with the Securities and Exchange Commission. More information on these risks and other potential factors that could affect actual events and the Companyโs performance and financial results, including important factors that could cause actual results or events to differ materially from plans or expectations included herein, is or will be included in the Companyโs filings with the Securities and Exchange Commission, including in the โRisk Factorsโ and โManagementโs Discussion and Analysis of Financial Condition and Results of Operationsโ sections of the Companyโs Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect managementโs opinions only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
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INVESTOR RELATIONS AND MEDIA
The IGB Group
Leon Berman
212-477-8438
lberman@igbir.com
