--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-26-023577" form_type: "8-K" ticker: "TCPC" cik: "0001370755" company_name: "BlackRock TCP Capital Corp." filed_at: "2026-06-01T20:50:02+00:00" generated_at: "2026-06-01T20:51:38.461212+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities ## Summary - Issued $270.6M AAA(sf) Class A-1 notes at SOFR+1.55% and $54.1M Class A-2 at SOFR+1.80%. - Issued $54.1M AA(sf) Class B notes at SOFR+2.15%, $27.1M A(sf) Class C at SOFR+2.70%, and $27.1M BBB-(sf) Class D at SOFR+4.75%. - Issued $102.78M in LLC Interests (subordinated equity) wholly retained by the company. - Proceeds used to repay $54M under BCIC Credit Agreement, $83M under SVCP Credit Agreement, and terminate the LSA. - Notes mature July 2034; Class A notes callable after May 2028, other classes after May 2027. ## SEC filing metadata - accession: 0001140361-26-023577 - form_type: 8-K - ticker: TCPC - cik: 0001370755 - company_name: BlackRock TCP Capital Corp. - filed_at: 2026-06-01T20:50:02+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 1.01, 1.02, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-26-023577 - JSON: https://secwatch.observer/filing/0001140361-26-023577.json - Plain text: https://secwatch.observer/filing/0001140361-26-023577.txt ## Source-grounded claims - claim_id: 60a4a073003c21ddf76705024604000a11a32677 claim: BlackRock TCP Capital Corp. incurred senior notes of $535,780,000 securitization maturing July 25, 2034. evidence_excerpt: Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: 2c1b3500ee2072f8ec5a876ba455825a8be36f17 claim: BlackRock TCP Capital Corp. terminated Loan and Servicing Agreement (LSA) with Morgan Stanley Asset Funding Inc., Morgan Stanley Bank, N.A., City National Bank, Wells Fargo Bank, National Association valued at Prepayment and termination of LSA dated August 4, 2020; used proceeds from CLO transaction (effective 2026-05-27). evidence_excerpt: On the Closing Date, TCPC II entered into a payoff letter (“ Payoff Letter ”) to terminate the Loan and Servicing Agreement dated as of August 4, 2020 (as amended, modified, supplemented, restated or replaced from time to time, the “ LSA ”) among TCPC II, as borrower, Special Value Continuation Partners LLC, as servicer, Morgan Stanley Asset Funding Inc., as administrative agent and Morgan Stanley Bank, N.A., City National Bank, as lenders and Wells Fargo Bank, National Association, as the collateral agent, the account bank and the collateral custodian. evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: 3b238ba01ca038321fc1b22a51590eb7ea900d77 claim: BlackRock TCP Capital Corp. entered into Indenture with Computershare Trust Company, N.A. valued at Trustee for issuance of Secured Notes (effective 2026-05-27). evidence_excerpt: On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C CLO, LLC (the " CLO Issuer "), an indirect wholly-owned subsidiary of the Company, entered into a placement agency agreement (the " Placement Agreement ") with Scotia Capital (USA) Inc., as placement agent (the " Placement Agent "), pursuant to which the CLO Issuer agreed to sell certain of the notes to be issued as part of the CLO Transaction pursuant to an indenture (the " Indenture ") by and between the CLO Issuer and Computershare Trust Company, N.A., as trustee. evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: 47de698bfd6989fc2745ecb4ef23bf3b3240553c claim: BlackRock TCP Capital Corp. amended BCIC Credit Agreement with Citibank, N.A. valued at Repayment of $54,000,000 of outstanding obligations under the Second Amended and Restated Senior Sec (effective 2026-05-27). evidence_excerpt: BCIC Merger Sub, a subsidiary of the Company, is party as borrower to that certain Second Amended and Restated Senior Secured Revolving Credit Agreement, dated as of February 19, 2016 (as amended, restated, supplemented or otherwise modified from time to time, the “ BCIC Credit Agreement ”), among others, BCIC Merger Sub, the lenders party thereto from time to time and Citibank, N.A., as administrative agent. evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: c59deb409ebd46803d321143fcb2c663997f5a59 claim: BlackRock TCP Capital Corp. amended SVCP Credit Agreement with ING Capital LLC valued at Repayment of $83,000,000 of outstanding obligations under the Amended & Restated Senior Secured Revo (effective 2026-05-27). evidence_excerpt: SVCP, a subsidiary of the Company, is party as borrower to that certain Amended & Restated Senior Secured Revolving Credit Agreement, dated as of May 6, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “ SVCP Credit Agreement ”), among others, SVCP, the lenders party thereto from time to time, and ING Capital LLC, as administrative agent. evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: efa11549f238b450ac0daa1616b529f1622532bf claim: BlackRock TCP Capital Corp. entered into Placement Agreement with Scotia Capital (USA) Inc. valued at Sale of Secured Notes and LLC Interests in a $535,780,000 CLO transaction (effective 2026-05-27). evidence_excerpt: On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C CLO, LLC (the " CLO Issuer "), an indirect wholly-owned subsidiary of the Company, entered into a placement agency agreement (the " Placement Agreement ") with Scotia Capital (USA) Inc., as placement agent (the " Placement Agent "), pursuant to which the CLO Issuer agreed to sell certain of the notes to be issued as part of the CLO Transaction pursuant to an indenture (the " Indenture ") by and between the CLO Issuer and Computershare Trust Company, N.A., as trustee. evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm - claim_id: f53234e8bd77d249f786164cd2e9af5207b977e5 claim: BlackRock TCP Capital Corp. entered into Investment Management Agreement with Tennenbaum Capital Partners, LLC valued at Investment management services for CLO Issuer; no management fee (effective 2026-05-27). evidence_excerpt: The Investment Manager serves as investment manager to the CLO Issuer under an investment management agreement entered into on the Closing Date (the " Investment Management Agreement "). evidence_url: https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.