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home / news releases / TCPC - BlackRock TCP Capital Corp.: 13% Yield Upcoming Merger

TCPC - BlackRock TCP Capital Corp.: 13% Yield Upcoming Merger

BlackRock TCP Capital Corp.

2024-03-10 09:15:00 ET

Summary

  • Business Development Companies have benefited from rising interest rates in 2023.
  • BlackRock TCP Capital Corp has a portfolio composed mostly of floating rate investments.
  • TCPC experienced an increase in negative realized gains and has four portfolio companies on non-accrual.

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For further details see:

BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger
Stock Information
Company Name: BlackRock TCP Capital Corp.
Stock Symbol: TCPC
Market: NASDAQ
Website: tcpcapital.com
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