0001140361-20-021594.txt : 20200925 0001140361-20-021594.hdr.sgml : 20200925 20200925165313 ACCESSION NUMBER: 0001140361-20-021594 CONFORMED SUBMISSION TYPE: 497AD PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200925 DATE AS OF CHANGE: 20200925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock TCP Capital Corp. CENTRAL INDEX KEY: 0001370755 IRS NUMBER: 562594706 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497AD SEC ACT: 1933 Act SEC FILE NUMBER: 333-233317 FILM NUMBER: 201200747 BUSINESS ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 310-566-1000 MAIL ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: TCP Capital Corp. DATE OF NAME CHANGE: 20120402 FORMER COMPANY: FORMER CONFORMED NAME: Special Value Continuation Fund, LLC DATE OF NAME CHANGE: 20060728 497AD 1 nt10013728x3_497ad.htm 497AD
Filed pursuant to Rule 497(a)
Registration No. 333-233317
Rule 482ad

[TEXT OF COMMUNICATION SENT VIA BLOOMBERG]

BlackRock TCP Capital Corp: Re-Opening of 3.900% Notes Due 2024


ISSUER:
BlackRock TCP Capital Corp
EXPECTED RATINGS:
Baa3/NR/BBB- (Moody’s/S&P/Fitch)*
SIZE:
$50,000,000
FORMAT:
SEC Registered
RANKING:
Sr. Unsecured Note
SERIES OF NOTES
The Notes are a further issuance of the $200,000,000 aggregate principal amount of 3.900% Notes due 2024 that TCPC issued on August 23, 2019 and November 26, 2019  (the “Existing 2024 Notes”). The Notes will be treated as a single series with the Existing 2024 Notes under the indenture and will have the same terms as the Existing 2024 Notes. The Notes offered hereby will have the same CUSIP number and will be fungible and rank equally with the Existing 2024 Notes
SETTLEMENT:
T+5 (October 2, 2020)
MATURITY DATE:
August 23, 2024
TRANCHE CURRENCY:
USD
OPTIONAL REDEMPTION:
Make-Whole T+45 bps
CHANGE OF CONTROL:
Yes, at 100%
BOOK RUNNERS:
BofA (B&D)
FINAL PRICE / YIELD:   
99.250% / [4.110%]   
DENOMINATIONS:
$2,000 x $1,000
USE OF PROCEEDS:
To repay amounts outstanding under the Issuer’s revolving credit facilities (which will increase the funds under such revolving credit facilities available to the Issuer to make additional investments in portfolio companies in accordance with its investment objective) and for other general corporate purposes

No EEA Retail sales/No PRIIPs KID.

Investors are advised to carefully consider the investment objective, risks, charges and expenses of BlackRock TCP Capital Corp before investing. The preliminary prospectus supplement dated September 25, 2020, together with the accompanying prospectus dated August 16, 2019, which have been filed with the Securities and Exchange Commission, contain this and other information about BlackRock TCP Capital Corp and should be read carefully before investing.

The information in the preliminary prospectus supplement and the accompanying prospectus, and in this announcement, is not complete and may be changed. The preliminary prospectus supplement, the accompanying prospectus and this announcement are not offers to sell any securities of BlackRock TCP Capital Corp and are not soliciting an offer to buy such securities in any state or jurisdiction where such offer and sale is not permitted.

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

BlackRock TCP Capital Corp’s shelf registration statement relating to these securities is on file and was deemed immediately effective upon filing with the Securities and Exchange Commission. The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus. When available, copies may be obtained from BofA Securities, Inc., by calling (800) 294-1322, or by email: dg.prospectus_requests@bofa.com.

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR AFTER THIS MESSAGE ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.