UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 29, 2024
TriLinc Global Impact Fund, LLC
(Exact name of registrant as specified in its charter)
Delaware | 000-55432 | 36-4732802 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
1230 Rosecrans Avenue, Suite 605 Manhattan Beach, CA | 90266 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (310) 997-0580
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| None | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this Chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this Chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Portfolio Update
As of January 31, 2024, TriLinc Global Impact Fund, LLC’s (“TGIF,” the “Company,” “we,” “our,” or “us”) portfolio investments in borrowers for business expansions and socioeconomic developments in Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe were fair valued at approximately $252.9 million. The weighted average loan size of the portfolio is approximately $8 million, with a weighted average duration of 0.76 years. As of January 31, 2024, TGIF has funded approximately $1.2 billion in aggregate investments to 93 borrower companies, including $104.7 million in temporary investments. Of the aggregate investment amount, TGIF has received approximately $875.6 million in full aggregate transaction repayments (72.7% of total invested) from existing and exited trade finance, term loan, and temporary investment facilities. Regionally, excluding temporary investments, TGIF has funded $381.16 million to 34 borrower companies operating in 9 developing economies within Latin America, supporting 22,011 permanent employees; $505.23 million to 44 borrower companies operating in or trading with 21 developing economies within Sub-Saharan Africa, supporting 12,895 permanent employees; $189.24 million to 13 borrower companies operating in or trading with five developing economies within Southeast Asia, supporting 7,471 permanent employees; and $24.10 million to seven borrower companies in two countries within Emerging Europe, supporting 1,294 permanent employees.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRILINC GLOBAL IMPACT FUND, LLC | ||||
| February 29, 2024 | By: | /s/ Gloria S. Nelund | ||
| Name: | Gloria S. Nelund | |||
| Title: | Chief Executive Officer | |||