secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000950170-24-050901
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock TCP Capital Q1 NII $0.46/sh; NAV $11.14; declares $0.34 Q2 dividend
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- Net investment income $28.3M ($0.46/sh) covered the $0.34 dividend; adjusted NII $27.7M ($0.45/sh).
- NAV per share fell to $11.14 from $11.90 at Dec 31, 2023, down 6.4%.
- Net increase in net assets from operations $5.1M ($0.08/sh); adjusted net decrease ($16.8M) ($0.27/sh) excluding merger discount impacts.
- Merger with BCIC closed March 18; acquired ~$587M investments; non-accrual loans at 1.7% of portfolio (fair value).
- Board declared Q2 dividend of $0.34/sh payable June 28, 2024 to holders of record June 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000095017024050901/0000950170-24-050901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000095017024050901/tcpc-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-050901

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