secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000950170-23-057756
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock TCP Capital Q3 NII $0.49/shr, declares $0.34+$0.25 dividend
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- Q3 net investment income $28.3M ($0.49/shr) exceeded the $0.34 regular quarterly dividend.
- NAV per share $12.72 vs $12.94 at June 30; net assets from operations $12.8M ($0.22/shr).
- Board declared Q4 regular dividend $0.34/shr and special dividend $0.25/shr, both payable Dec 29.
- Merger with BCIC expected Q1 2024; base management fee to drop from 1.50% to 1.25% upon closing.
- Portfolio: $1.6B fair value, 88.7% senior secured, 94.9% floating rate; non-accruals at 1.1% fair value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000095017023057756/0000950170-23-057756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000095017023057756/tcpc-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057756

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer