secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock TCP Capital Corp. (TCPC)
CIK:        0001370755
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001133228-24-008023
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock TCP Capital repays $250M 2024 Notes; asset coverage ratio rises to 180.2%
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- Repaid $250M aggregate principal of unsecured notes maturing August 23, 2024.
- Asset coverage ratio immediately after repayment: 180.2% (up from 173.8% as of June 30, 2024).
- Remaining leverage includes $300M SVCP facility, $325M 2026 notes, $325M 2029 notes, and SBA committed leverage.
- Notes originally issued in tranches: $150M (Aug 2019), $50M (Nov 2019), $50M (Oct 2020).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370755/000113322824008023/0001133228-24-008023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370755/000113322824008023/btcc-efp9674_8k.htm
  HTML page:      https://secwatch.observer/filing/0001133228-24-008023

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