TPVG Updated Projections & Pricing: June 2021
Summary
I have updated the projections for TPVG to take into account recent guidance from management, issuance of $200 million in notes partially used to redeem its higher rate Baby Bond.
TPVG's dividend coverage needs to be assessed annually and there is still estimated spillover of $0.45/share for temporary shortfalls and/or a likely Q4 2021 special div…