業績公告
即時報告
8-K
2026-08-06
貝萊德TCP資本申報8-K 出售資產償債5.916億美元 資產淨值降至4.949億
AI 繁中摘要
📊 美國證監會 8-K 文件摘要：BlackRock TCP Capital Corp.（貝萊德 TCP 資本）
申報類型：8-K（Exhibit 99.1）
申報日期：文件顯示為 2026 年 6 月 30 日止財務資料
內容：未經審計的備考合併資產負債表及損益表，反映一項重大交易（「Transaction」）的模擬影響。
📌 交易重點
公司出售部分投資資產，並以所得款項償還債務，同時保留對 Blackrock DLF-C 2026, LLC 的 5% 股權投資。備考調整包括：
- 投資公允值減少約 5.119 億美元
- 現金及現金等價物減少約 1.352 億美元（含估計交易費用）
- 債務（扣除遞延發行成本）減少約 5.916 億美元
- 資產淨值相應減少約 5,714 萬美元
📈 備考財務亮點（2026年6月30日）
- 總資產：由約 14.76 億美元降至約 8.236 億美元
- 總負債：由約 9.245 億美元降至約 3.288 億美元
- 資產淨值：由約 5.520 億美元降至約 4.949 億美元
- 普通股股東應佔資產淨值相應減少，主要來自可分派虧損增加
💵 備考損益（2026年上半年）
- 總投資收益：約 8,261 萬美元（利息、PIK 利息及股息等）
- 淨投資收益：約 3,662 萬美元
- 投資及外幣已實現/未實現虧損：約 1.054 億美元（備考）
- 償債已實現虧損：約 290 萬美元
- 經營導致資產淨值減少：約 7,170 萬美元（備考）
🔍 對投資者的潛在影響
是次交易屬去槓桿操作，大幅縮減債務及資產規模，降低資產負債表風險；惟資產淨值因交易成本及保留少數股權投資而輕微攤薄。文件未提供管理層對未來業績的明確展望，投資者宜留意交易完成後的實際營運表現及派息能力。📉
展開英文正文
EX-99.1 2 tcpc-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 BlackRock TCP Capital Corp. Pro Forma Consolidated Statements of Assets and Liabilities (Unaudited) June 30, 2026 Pro Forma Adjustments (1) Pro Forma June 30, 2026 Assets Investments, at fair value $ 1,290,523,348 $ (511,904,274 ) (2 ) $ 778,619,074 Cash and cash equivalents 157,546,660 (135,203,837 ) (3 ) 22,342,823 Interest, dividends and fees receivable 23,607,858 (4,397,900 ) 19,209,958 Deferred debt issuance costs 2,588,305 (1,240,222 ) 1,348,083 Prepaid expenses and other assets 2,197,356 (90,969 ) 2,106,387 Total assets 1,476,463,527 (652,837,202 ) 823,626,325 Liabilities Debt, net of deferred issuance costs 910,581,937 (591,632,840 ) 318,949,097 Interest and debt related payables 4,375,009 (4,050,402 ) 324,607 Management fees payable 4,124,508 — 4,124,508 Reimbursements due to the Advisor 169,320 — 169,320 Accrued expenses and other liabilities 5,205,926 (9,000 ) 5,196,926 Total liabilities 924,456,700 (595,692,242 ) 328,764,458 Net assets $ 552,006,827 $ (57,144,960 ) $ 494,861,867 Composition of net assets applicable to common shareholders Common stock $ 83,902 $ — $ 83,902 Paid-in capital in excess of par 1,727,427,570 — 1,727,427,570 Distributable earnings (loss) (1,175,504,645 ) (57,144,960 ) (1,232,649,605 ) Total net assets 552,006,827 (57,144,960 ) 494,861,867 Total liabilities and net assets $ 1,476,463,527 $ (652,837,202 ) $ 823,626,325 (1) Pro forma adjustments represent the impact of the Transaction (2) June 30, 2026 fair market value of assets sold, net of TCPC 5% equity investment in Blackrock DLF-C 2026, LLC (3) Includes estimated seller and transaction expenses Exhibit 99.1 BlackRock TCP Capital Corp. Consolidated Statements of Operations (Unaudited) Six Months Ended June 30, 2026 Pro Forma Adjustments (1) Six Months Ended June 30, 2026 Investment income Interest income (excluding PIK): Non-controlled, non-affiliated investments $ 67,540,767 $ — $ 67,540,767 Non-controlled, affiliated investments 905,445 — 905,445 Controlled investments 3,906,047 — 3,906,047 PIK interest income: — Non-controlled, non-affiliated investments 5,465,634 — 5,465,634 Non-controlled, affiliated investments 748,701 — 748,701 Controlled investments 415,331 — 415,331 Dividend income: — Non-controlled, non-affiliated investments 1,003,276 — 1,003,276 Non-controlled, affiliated investments — — — Controlled investments 2,614,290 — 2,614,290 Other income: — Non-controlled, non-affiliated investments 5,877 — 5,877 Total investment income 82,605,368 — 82,605,368 Operating expenses Interest and other debt expenses 31,044,015 — 31,044,015 Management fees 8,891,551 — 8,891,551 Professional fees 2,243,187 — 2,243,187 Administrative expenses 909,733 — 909,733 Insurance expense 421,383 — 421,383 Director fees 375,000 — 375,000 Custody fees 166,199 — 166,199 Other operating expenses 1,935,027 — 1,935,027 Total operating expenses 45,986,095 — 45,986,095 Net investment income 36,619,273 — 36,619,273 Realized and unrealized gain (loss) on investments and foreign currency (48,274,018 ) (57,144,960 ) (105,418,978 ) Realized loss on extinguishment of debt (2,897,355 ) — (2,897,355 ) Net increase (decrease) in net assets resulting from operations $ (14,552,100 ) $ (57,144,960 ) $ (71,697,060 ) (1) Pro forma adjustments represent the impact of the Transaction