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TriplePoint Venture Growth BDC expands revolving credit facility

TriplePoint Venture Growth BDC expanded the capacity of its revolving credit facility to $300 million from $265 million and added new lenders Hitachi Capital America Corp. and NBH Bank.

The $35 million increase was made under the accordion feature in the credit facility, which allows the company to increase the size of the credit facility to up to $400 million under certain circumstances.