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TPVG Updated Projections & Pricing: June 2021

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BDC Buzz
Jun 10, 2021
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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…

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