Chicago, IL, March 19, 2024 (GLOBE NEWSWIRE) -- Vedder Price is pleased to announce that it represented the Special Committee of Independent Directors of BlackRock Capital Investment Corporation ("BCIC") (NASDAQ:BKCC) in the previously announced merger of BCIC with BlackRock TCP Capital Corp., which closed on Monday, March 18, 2024. In connection with the merger, the combined company will continue to trade on the NASDAQ Global Select Market (NASDAQ:TCPC). The combined company will also continue to be exter ...

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC). The combined company will continue to trade on the Nasdaq Global Select Market under the ticker symbol “TCPC” and continue to be externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc. Rajneesh Vig, Co-Head of US Private Capital (USPC) for BlackRock, an ...

A-Ko-N/iStock via Getty Images Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the secon ...

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) and BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ: BKCC) announced today that the shareholders of each business development company (“BDC”) have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company's special meeting of shareholders held on March 7, 2024. Shareholders voted overwhelmingly in favor of the proposed transaction, as more than 90% of shareholders repre ...

BlackRock Capital Investment Corporation (NASDAQ:BKCC) Q4 2023 Earnings Call Transcript March 6, 2024 10:00 AM ET Nik Singhal - President Laurence D. Paredes - Corporate Secretary Chip Holladay - Interim CFO Finian O'Shea - Wells Fargo Securities Operator Laurence D. Paredes As you know, BCIC has filed with the SEC reports which lists some of the factors that may cause BCIC's results to differ materially from these statements. BCIC assumes no duty to and does not undertake to update any forward-looking stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to _________ Commission file number 814-00712 BLACKROCK CAPITAL INVESTMENT CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 20-2725151 ( ...

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on March 29, 2024 to stockholders of record at the close of business on March 15, 2024. Stockholders that participate in the Company’s dividend reinvestment plan will receive this dividend in cash and not in shares of the Company’s common stock to facilitate the anticipate ...

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2023, Declares Quarterly Cash Dividend of $0.10 per Share | --- | --- | --- | --- | --- | |---------------------------------------------------|-----------------------|-----------------------|-----------------------|-----------------------| | | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | | Portfolio Composition | | | | | | First Lien Debt | 85% | 79% | 74% | 50% | | Second ...

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2023 on Tuesday, March 5, 2024 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Wednesday, March 6, 2024 to discuss its fourth quarter 2023 financial results. The Company's fourth quarter e ...

I'll turn now to our third quarter performance. We again generated strong results covering our $0.10 dividend for the fifth consecutive quarter, with solid net investment income that was up 7% compared to the prior quarter and 24% year-over-year. Our dividend coverage of 131% for the quarter was up from 123% for the previous quarter. This marked the 10th successive quarter of increased dividend coverage. As you know, BCIC has filed with the SEC reports, which lists some of the factors which may cause BCICÂ' ...