The latest update is out from TriplePoint Venture Growth ( (TPVG) ).
On January 23, 2025, TriplePoint Venture Growth BDC Corp. announced the signing of a Note Purchase Agreement for the issuance of $50 million in senior unsecured notes due February 2028, with an interest rate of 8.11% per year. These notes are intended to be used to repay outstanding debt and are part of the company’s strategy to maintain a robust capital structure, positioning it well to seize future lending opportunities.
More about TriplePoint Venture Growth
TriplePoint Venture Growth BDC Corp. is an externally-managed business development company that specializes in providing customized debt financing with warrants and direct equity investments to venture growth stage companies in high-growth industries like technology. The company is backed by select venture capital firms and is sponsored by TriplePoint Capital, a global investment platform that offers a range of financial solutions to technology companies at various development stages.
YTD Price Performance: 5.51%
Average Trading Volume: 422,768
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $322M
See more data about TPVG stock on TipRanks’ Stock Analysis page.