M&A
confidence high
sentiment neutral
materiality 0.60
BlackRock TCP Capital Corp. provides supplemental disclosures for merger with BlackRock Capital Investment Corp.
BlackRock TCP Capital Corp.
- Estimated future quarterly dividends: $0.34/share for TCPC, $0.10/share for BCIC through Dec 2028.
- Estimated NAV per share as of Dec 31, 2028: TCPC $13.57, BCIC $4.55.
- Peer companies analysis tables provided with price/NII, price/NAV, and dividend yield metrics for both TCPC and BCIC.
- Discount rate ranges used in discounted dividend analysis: 9.0%-11.0% for TCPC, 9.5%-11.5% for BCIC.
- Board unanimously recommends Merger; special stockholder meeting remains March 7, 2024 at 2pm ET.