Welcome to our dedicated page for Blackrock Tcp Capital news (Ticker: TCPC), a resource for investors and traders seeking the latest updates and insights on Blackrock Tcp Capital stock.
BlackRock TCP Capital Corp (TCPC) provides investors with comprehensive access to official news and financial updates from this leading middle-market lending specialist. This resource aggregates all material developments for this Business Development Company, including earnings announcements, portfolio activity, and strategic initiatives.
Monitor TCPC's core activities in debt securities investments through timely updates on new credit facilities, covenant amendments, and income-generating transactions. The curated collection includes regulatory filings, investor communications, and analysis of market positioning within the specialty finance sector.
Key updates cover interest payment trends, fee income developments, and risk management practices under external management by Tennenbaum Capital Partners. Users benefit from centralized access to both mandatory disclosures and strategic partnership announcements affecting TCPC's NAV performance.
Bookmark this page for efficient tracking of TCPC's middle-market lending activities, capital allocation decisions, and compliance updates under the Investment Company Act framework. Return regularly to maintain current awareness of this BDC's evolving position in alternative corporate finance solutions.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced it will report its financial results for the second quarter ended June 30, 2024, on August 7, 2024, prior to market opening. A conference call to discuss the results will follow at 1:00 p.m. Eastern Time. Interested parties can join the call by dialing (833) 470-1428, with international callers using (404) 975-4839 and referencing access code 570726. The call will be webcast live on TCPC's investor relations website and a replay will be available approximately two hours after the live call through August 14, 2024. Access the replay by visiting the TCPC investor relations site or by dialing (866) 813-9403 (international: 929-458-6194) with access code 586837.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) has announced the pricing of a $325 million public offering of 6.95% notes due 2029. These senior unsecured notes will bear interest at an annual rate of 6.95%, payable semiannually, and are expected to be issued around May 30, 2024, subject to customary conditions.
The proceeds will be used to repay the company's outstanding 3.900% notes due 2024, temporarily repay other debt, and possibly for other corporate purposes. Morgan Stanley, BofA Securities, and SMBC Nikko Securities are acting as joint book-running managers.
Potential investors are advised to consult the prospectus and related documents filed with the SEC for more information.
BlackRock TCP Capital Corp. announced its first-quarter 2024 financial results, including net investment income of $28.3 million and a second-quarter dividend of $0.34 per share. The company's net asset value per share was $11.14 at the end of March 2024.
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