TriplePoint Venture Growth BDC Corp. announced it has amended and renewed its revolving credit facility. Deutsche Bank AG, New York Branch serves as administrative agent and as a lender together with existing lenders KeyBank National Association and EverBank Commercial Lender Finance, Inc., and new lender MUFG Union Bank, N.A., under the Credit Facility.

The amendment and renewal, among other things, increased the total credit capacity to $210 million and extended the revolving period from February 21, 2018 to February 21, 2020 and the maturity date from February 21, 2019 to August 21, 2021. In addition, the Credit Facility includes a reduction in the undrawn rate from 0.75% to 0.50% and a reduction in the applicable margin during the revolving period to 2.80% if facility utilization is greater than or equal to 75%, 2.90% if utilization is greater than or equal to 50%, and 3.00% if utilization is less than 50%. Borrowings under the Credit Facility are subject to its various covenants and the leverage restrictions contained in the Investment Company Act of 1940, as amended.