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. reports news as a publicly traded business development company focused on direct lending to middle-market companies and small businesses. The company seeks returns from current income and capital appreciation, primarily through debt investments in established companies across industries where it has lending expertise.
Recurring TCPC updates include quarterly and annual financial results, dividend declarations, portfolio and valuation commentary, capital-structure activity, material financing agreements, and governance matters. The company is externally managed by an adviser that is a wholly owned, indirect subsidiary of BlackRock, Inc.
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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.