BlackRock Offloads $523 Million in Loans to Rescue Troubled Private Credit Fund
BlackRock TCP Capital is selling a $523 million portfolio of private credit investments after mounting pressure.
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Keefe, Bruyette & Woods analyst Paul Johnson upgrades BlackRock TCP Capital (NASDAQ:TCPC) from Underperform to Market Perform and raises the price target from $3.5 to $4.
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BlackRock TCP Capital is selling a $523 million portfolio of private credit investments after mounting pressure.
Read original at benzingaBlackRock TCP Cap (NASDAQ:TCPC) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.20 by 5 percent. This is a 32.26 percent decrease over earnings of $0.31 per share from the
Read original at benzingaFiled: 2026-08-06 AccNo: 0001193125-26-336845 Size: 29 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.01: Completion of Acquisition or Disposition of Assets Item 2.02: Results of Operations and Financial Condition Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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