ITEM 8.01 OTHER EVENTS.
Portfolio Update
As of March 31, 2021, TriLinc Global Impact Fund, LLC ("TGIF") had $411.5
million in total financing commitments for business expansions and socioeconomic
developments through its investment portfolio in Sub-Saharan Africa, Latin
America, Southeast Asia, and Emerging Europe. The weighted average loan size of
the portfolio is $8 million, with an average duration of 1.3 years. Since TGIF
commenced operations and through March 31, 2021, TGIF has funded over $1.1
billion in aggregate investments to 91 borrower companies, including $104.8
million in temporary investments. Of the aggregate investment amount, TGIF has
received $790.2 million in full aggregate transaction repayments (68.41% of
total invested) from existing and exited trade finance, term loan, and temporary
investment facilities. Regionally, excluding temporary investments, TGIF has
funded over $363.0 million to 29 borrower companies operating in 9 developing
economies within Latin America, supporting 19,524 permanent employees; over
$480.2 million to 47 borrower companies operating in or trading with 21
developing economies within Sub-Saharan Africa, supporting 18,305 permanent
employees; over $187.7 million to 12 borrower companies operating in or trading
with five developing economies within Southeast Asia, supporting 950 permanent
employees; and over $17.8 million to three borrower companies in three countries
within Emerging Europe, supporting 697 permanent employees.
March Press Release
On April 20, 2021, TGIF issued a press release to announce its investment
activity for March 2021. A copy of the press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following Exhibit is filed as part of this report.
Exhibit 99.1 New Investments Press Release of Trilinc Global Impact Fund,
LLC
Forward-Looking Statements
This Current Report on Form 8-K, including the exhibits filed herewith, contains
forward-looking statements (including, without limitation, statements concerning
the use of financing provided to borrowers and the expected repayment of
financing extended to the borrowers) that are based on TGIF's current
expectations, plans, estimates, assumptions, and beliefs that involve numerous
risks and uncertainties, including, without limitation, the future operating
performance of the borrower and those risks set forth in the "Risk Factors"
section of TGIF's most recent Annual Report on Form 10-K, as amended or
supplemented by TGIF's other filings with the Securities and Exchange
Commission. Although these forward-looking statements reflect management's
belief as to future events, actual events or TGIF's investments and results of
operations could differ materially from those expressed or implied in these
forward-looking statements. To the extent that TGIF's assumptions differ from
actual results, TGIF's ability to meet such forward-looking statements may be
significantly hindered. You are cautioned not to place undue reliance on any
forward-looking statements. TGIF cannot assure you that it will attain its
investment objectives. Any forward-looking statements presented herein are made
only as of the date of this Current Report on Form 8-K, and TGIF does not
undertake any obligation to update or revise any forward-looking statements to
reflect changes in assumptions, the occurrence of unanticipated events, or
otherwise.
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