SEC Info - BlackRock TCP Capital Corp.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM i 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 8, 2023 ( i August 4, 2023)

i BLACKROCK TCP CAPITAL CORP.

(Exact name of registrant as specified in its charter)

i Delaware	i 814-00899	i 56-2594706
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

i 2951 28th Street, i Suite 1000 i Santa Monica, i California		i 90405
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code ( i 310) i 566-1000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

i ☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

i ☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

i ☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

i ☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
i Common stock, $0.001 par value per share	i TCPC	i The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

i ☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On August 4, 2023, TCPC Funding II, LLC, a Delaware limited liability company (the “Portfolio Holdco”) that is a wholly owned subsidiary of BlackRock TCP Capital Corp. (“TCPC” or the “Company”), entered into a Waiver and Fifth Amendment to the Loan and Servicing Agreement (the “Amendment”) among the Portfolio Holdco, as borrower, Special Value Continuation Partners LLC, as servicer, Morgan Stanley Asset Funding Inc., as administrative agent and Morgan Stanley Bank, N.A. and City National Bank, as lenders. The Amendment relates to the $200 million revolving credit facility established by the Loan and Servicing Agreement (the “Credit Facility”).

Pursuant to the Amendment, the Credit Facility matures on August 4, 2027 and generally bears interest at SOFR plus 2.05%.

The Credit Facility is secured by all of the assets held by the Portfolio Holdco. Under the Credit Facility, the Portfolio Holdco has made certain customary representations and warranties, and is required to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities. The Credit Facility includes usual and customary events of default for credit facilities of this nature.

The foregoing does not purport to be a complete summary of the Amendment and is qualified in its entirety by reference to the full text of the Amendment filed with this report as Exhibit 10.1 and incorporated herein by reference.

ITEM 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

The disclosure set forth above under Item 1.01 is incorporated by reference herein.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d)

Exhibits

10.1

Waiver and Fifth Amendment to Loan and Servicing Agreement, dated as of August 4, 2023, among TCPC Funding II, LLC, as borrower, Special Value Continuation Partners LLC, as servicer, Morgan Stanley Asset Funding Inc., as administrative agent, and Morgan Stanley Bank, N.A. and City National Bank, as lenders.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BLACKROCK TCP CAPITAL CORP.

Date: August 8, 2023

	By:	/s/ *Erik L. Cuellar*
	Name:	Erik L. Cuellar
	Title:	Chief Financial Officer

This ‘8-K’ Filing	Date	Other Filings

	8/4/27	None on these Dates
Filed on:	8/8/23
For Period end:	8/4/23
		List all Filings

BlackRock TCP Capital Corp. – ‘8-K’ for 8/4/23

On: Tuesday, 8/8/23, at 10:08am ET · For: 8/4/23 · Accession #: 1140361-23-38476 · File #: 814-00899

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