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BlackRock TCP Capital Amends Credit Facility Agreement

Story Highlights
  • BlackRock TCP Capital focuses on debt and equity capital for middle-market companies.
  • TCPC extended its $200 million credit facility to 2027, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlackRock TCP Capital Amends Credit Facility Agreement

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BlackRock TCP Capital ( (TCPC) ) just unveiled an update.

On July 31, 2025, TCPC Funding II, LLC, a subsidiary of BlackRock TCP Capital Corp., amended its $200 million revolving credit facility agreement with Morgan Stanley and City National Bank. The amendment extends the revolving period to July 31, 2027, and includes other modifications, potentially enhancing the company’s financial flexibility and operational stability.

The most recent analyst rating on (TCPC) stock is a Sell with a $8.00 price target. To see the full list of analyst forecasts on BlackRock TCP Capital stock, see the TCPC Stock Forecast page.

Spark’s Take on TCPC Stock

According to Spark, TipRanks’ AI Analyst, TCPC is a Neutral.

BlackRock TCP Capital’s overall stock score of 58 reflects a mixed outlook. The company’s solid financial performance and robust cash flow are positive factors, while technical analysis indicates bearish momentum. The valuation is challenging with a negative P/E ratio, though the high dividend yield is attractive. Earnings call insights reveal operational challenges, offset by management’s shareholder-friendly actions.

To see Spark’s full report on TCPC stock, click here.

More about BlackRock TCP Capital

BlackRock TCP Capital Corp. operates in the financial services industry, primarily focusing on providing debt and equity capital to middle-market companies. The company is known for its investment management services and plays a significant role in the credit market.

Average Trading Volume: 509,440

Technical Sentiment Signal: Strong Sell

Current Market Cap: $609.7M

For an in-depth examination of TCPC stock, go to TipRanks’ Overview page.

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