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Stock impact report

TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS [Yahoo! Finance]

TriplePoint Venture Growth BDC Corp. (TPVG) 
Last triplepoint venture growth bdc corp. earnings: 3/4 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. ("Morningstar DBRS") has confirmed the Company's investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low). Morningstar DBRS issued a statement announcing the confirmation of the rating and the Stable trend on the rating, as well as Morningstar DBRS's underlying analysis. "We are pleased that Morningstar DBRS has reaffirmed our investment grade rating and stable outlook," said Mike L. Wilhelms, chief financial officer of TPVG. "We remain focused on drawing on our strong liquidity position and financial flexibility to capitalize on attractive lending opportunities aimed at further diversifying and growing the portfolio over the long-term." The investment grade credit rating from Morningstar DBRS reflects, among other things, TPVG's solid and established franchise via its relationship Show less Read more
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