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Stock impact report

BlackRock TCP Capital Corp. Announces Extension of Its Revolving Credit Facility

BlackRock TCP Capital Corp. - Closed End Fund (TCPC) 
Last blackrock tcp capital corp. - closed end fund earnings: 2/26 08:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tcpcapital.com/investor-relations
Company Research Source: Business Wire
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today the extension of its SVCP Credit Facility (the “Facility”) by one year to May 6, 2024. The Facility is led by ING Capital LLC and includes a total of 7 bank participants. The size of the Facility remains $270 million, and the pricing and advance rates were unchanged.“We are pleased to announce this extension of our SVCP Credit Facility, which further enhances our flexible and diverse leverage program that includes two low-cost credit facilities, one convertible note issuance, two unsecured note issuances and an SBA program,” said BlackRock TCP Capital Corp. Chairman and CEO, Howard Levkowitz. “We truly value our long-term relationships with our bank lending partners, particularly in the current environment.”ABOUT BLACKROCK TCP CAPITAL CORP.BlackRock TCP Capital Corp. (NASDAQ: TCPC) is a specialty finance company focused on direct lending to middle-market comp Show less Read more
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