TCPC - BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth
2024-05-27 14:12:18 ET
Summary
- BlackRock TCP Capital completed its merger with BlackRock Capital Investment, resulting in a jump in portfolio value.
- The company has lowered its management fee, potentially leading to an increase in dividends.
- BlackRock TCP Capital has the potential for re-rating as it resolves credit issues and maintains strong dividend coverage.
BlackRock TCP Capital Corp. ( TCPC ) recently completed its business combination with BlackRock Capital Investment Corporation which was formerly a separate, publicly traded business development company....
BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth