BlackRock TCP Capital Corp, founded in 2013 and headquartered in New York, operates as a publicly traded business development company focused on providing customized financing solutions for middle-market companies. The company primarily invests in various forms of debt and equity, offering a range of services that include direct lending and equity investments to foster growth in these firms.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TCPC 2.85% 2026-02-09 USDBlackRock TCP Capital Corp | United States | 2026-02-09 | 2.850 | 6.20 |
| TCPC 6.95% 2029-05-30 USDBlackRock TCP Capital Corp | United States | 2029-05-30 | 6.950 | 6.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, BlackRock TCP Capital Corp has actively participated in the bond market, beginning its bond issuance strategy shortly after its establishment. In 2020, the company gained attention with a notable bond issuance that helped finance a series of acquisitions, reflecting its commitment to enhancing shareholder value. As of 2023, the company's bonds are yielding competitively within the industry, positioning it favorably against its peers while highlighting features such as floating interest rates which provide a hedge against rising rates. Recent strategic moves have solidified its reputation, with continued efforts to attract investors seeking stable income through its innovative bond offerings.