BlackRock TCP Capital Corp. Announces Second Quarter 2026 Financial Results and $523 Million Portfolio Sale
Transaction Accelerates Portfolio Repositioning, Significantly Reduces Leverage and Enhances Investment Capacity
BlackRock TCP Capital Corp. (“we,” “us,” “our,” “TCPC” or the “Company”), a business development company (NASDAQ: TCPC), today announced its financial results for the second quarter ended June 30, 2026 and a $523 million portfolio sale transaction that meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio.
SECOND QUARTER FINANCIAL HIGHLIGHTS
On a GAAP basis, net investment income for the quarter ended June 30, 2026 was $18.1 million, or $0.22 per share on a diluted basis, which exceeded the regular dividend of $0.17 per share paid on June 30, 2026. Adjusted net investment income(1) for the quarter ended June 30, 2026 was $17.5 million, or $0.21 per share on a diluted basis.
