# EDGAR Filing Document

**Accession Number:** 0001913724
**File Stem:** 0001913724-25-000068
**Filing Date:** 2025-7
**Character Count:** 9311
**Document Hash:** ec0a19ea11f95b260ce1fc92648396ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001913724-25-000068.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001913724-25-000068

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TPG Twin Brook Capital Income Fund
- **CENTRAL INDEX KEY:** 0001913724

**ORGANIZATION NAME:**
- **EIN:** 886103622
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93859
- **FILM NUMBER:** 251168087

**BUSINESS ADDRESS:**
- **STREET 1:** 245 PARK AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10167
- **BUSINESS PHONE:** (212) 692-8237

**MAIL ADDRESS:**
- **STREET 1:** 245 PARK AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10167

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AG Twin Brook Capital Income Fund
- **DATE OF NAME CHANGE:** 20220225
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TPG Twin Brook Capital Income Fund
- **CENTRAL INDEX KEY:** 0001913724

**ORGANIZATION NAME:**
- **EIN:** 886103622
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** 245 PARK AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10167
- **BUSINESS PHONE:** (212) 692-8237

**MAIL ADDRESS:**
- **STREET 1:** 245 PARK AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10167

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AG Twin Brook Capital Income Fund
- **DATE OF NAME CHANGE:** 20220225

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**SCHEDULE TO**

**(Rule 13e-4)**

**TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934**

**(Final Amendment)**

**TPG Twin Brook Capital Income Fund**

**(Name of Issuer)**

**TPG Twin Brook Capital Income Fund**

**(Name of Person(s) Filing Statement)**

**Class I, Class D and Class S Shares of Beneficial Interest**

**(Title of Class of Securities)**

**00840T100, 00792H203, and 00792H104**

**(CUSIP Number of class of securities)**

**Jenny B. Neslin**

**c/o AGTB Fund Manager, LLC** 

**245 Park Avenue, 26th Floor**

**New York, New York 10167**

**(212) 692-2000**

**(Name, Address and Telephone No. of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement)**

***With a copy to:***

**Rajib Chanda**

**Steven Grigoriou**

**Simpson Thacher & Bartlett LLP 900 G Street, N.W.**

**Washington, DC 20001**

**June 26, 2025**

**(Date Tender Offer First Published, Sent or Given to Security Holders)**

◻ Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form of Schedule and the date of its filing.

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| | |
|:---|:---|
| Amount Previously Paid: | Filing Parties: |
| Form or Registration No.: | Date Filed: |

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◻ Check the box if the filing relates solely to preliminary communications made before commencement of a tender offer.

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| | | |
|:---|:---|:---|
| Check the appropriate boxes below to designate any transactions to which the statement relates: | Check the appropriate boxes below to designate any transactions to which the statement relates: | |
| ◻ | third-party tender offer subject to Rule 14d-1. | |
| ⌧ | issuer tender offer subject to Rule 13e-4. | |
| ◻ | going-private transaction subject to Rule 13e-3. | |
| ◻ | amendment to Schedule 13D under Rule 13d-2. | |
| Check the following box if the filing is a final amendment reporting the results of the tender offer:  | Check the following box if the filing is a final amendment reporting the results of the tender offer:  | ⌧ |

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This Final Amendment relates to the Issuer Tender Offer Statement on Schedule TO (the "Statement") originally filed on June 26, 2025 by TPG Twin Brook Capital Income Fund (the "Fund") in connection with an offer by the Fund (the "Offer") to purchase up to 3,417,302 of its outstanding shares of beneficial interest (including Class I common shares of beneficial interest, Class D common shares of beneficial interest, and Class S common shares of beneficial interest, the "Shares") at a price equal to the net asset value per Share as of June 30, 2025 (the "Valuation Date"), upon the terms and subject to the conditions set forth in the Offer to Purchase filed as Exhibit (a)(1)(ii) to the Statement (the "Offer to Purchase").

This is the Final Amendment to the Statement and is being filed to report the results of the Offer. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Offer to Purchase.

The following information is furnished pursuant to Rule 13e-4(c)(4):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The Offer expired at 11:59 p.m., Eastern Time, on July 28, 2025 (the "Offer Expiration Date").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.249,741 Shares of the Fund were validly tendered and not withdrawn prior to the expiration of the Offer. The Fund accepted for purchase 100% of the Shares of the Fund that were validly tendered and not withdrawn prior to the expiration of the Offer as permitted by Rule 13e-4(f)(1) of the Securities Exchange Act of 1934, as amended.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.The net asset value of the Shares tendered pursuant to the Offer was calculated as of the Valuation Date in the amount of $6,320,400.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.Pursuant to the Offer, within five business days of the Offer Expiration Date, the Fund will pay in cash to the tendering Shareholders a total of $6,314,795, representing the net asset value of the total amount of Shares tendered by Shareholders, less early repurchase deductions, as applicable. The Shares were repurchased on the Offer Expiration Date at a price of $25.31 per Share, which was the net asset value per Share of the applicable class as of the Valuation Date, less early repurchase deductions, as applicable.

Except as specifically provided herein, the information contained in the Statement, as amended, and the Transmittal Letter remains unchanged and this Amendment does not modify any of the information previously reported on the Statement, as amended, or the Transmittal Letter.

**Item 12. Exhibits.** 

107 Filing Fee Table

**SIGNATURE**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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| | | |
|:---|:---|:---|
| | TPG TWIN BROOK CAPITAL INCOME FUND | TPG TWIN BROOK CAPITAL INCOME FUND |
| | By: | /s/ Jenny B. Neslin |
| | Name: | Jenny B. Neslin |
| | Title: | General Counsel and Secretary |
| Dated: July 30, 2025 |  |  |

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**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit** | |
| 107 | Calculation of Filing Fee Table. |

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## Ex-Filing

**Exhibit 107** 

**EX-FILING FEES** 

**Calculation of Filing Fee Tables** 

**SC TO-I** 

(Form Type)

**TPG Twin Brook Capital Income Fund** 

**(Name of Issuer)** 

**TPG Twin Brook Capital Income Fund** 

**(Name of Person(s) Filing Statement)** 

**Table 1: Transaction Valuation** 

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| | | | |
|:---|:---|:---|:---|
| | Transaction <br>Valuation | Fee<br>rate  | Amount of <br>Filing Fee |
| &nbsp;&nbsp;Fees to Be Paid | $86451930<sup>(1)</sup> | 0.0001531 |  |
| &nbsp;&nbsp;Fees Previously Paid |  |  | $13235.79<sup>(2)</sup> |
| &nbsp;&nbsp;**Total Transaction Valuation** | $86451930 |  |  |
| &nbsp;&nbsp;**Total Fees Due for Filing** |  |  | $13235.79 |
| &nbsp;&nbsp;**Total Fees Previously Paid** |  |  | $13235.79 |
| &nbsp;&nbsp;**Total Fee Offsets** |  |  |  |
| &nbsp;&nbsp;**Net Fee Due** |  |  | $0.00 |

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(1)&nbsp;&nbsp;&nbsp;&nbsp;The transaction value is calculated as the aggregate maximum purchase price for common shares of beneficial interest (the "Shares") of TPG Twin Brook Capital Income Fund (the "Fund"), based upon the net asset value per share as of April 30, 2025, of $25.30. The fee of $13,235.79 was paid in connection with the filing of the Schedule TO-I by the Fund (File No. 005-93859) on June 26, 2025 (the "Schedule TO"). This is the final amendment to the Schedule TO and is being filed to report the results of the offer.

(2)&nbsp;&nbsp;&nbsp;&nbsp;Calculated at $153.10 per $1,000,000.00 of the Transaction Valuation in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory No. 1 for fiscal year 2025.

**Table 2: Fee Offset Claims and Sources** 

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Fee Paid with Fee Offset Source |
| Fee Offset Claims | TPG Twin Brook Capital Income Fund | SC TO-I | 005-93859 | June 26, 2025 |  | $13235.79 |  |
| Fee Offset Sources |  |  |  |  | June 26, 2025 |  | $13235.79 |

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