BlackRock Capital Investment Corporation (BKCC) Reports In-Line Q3 NII

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BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended September 30, 2018, Declares Quarterly Distribution of $0.18 per Share

October 31, 2018 4:02 PM EDT

GAAP Net Investment Income (NII) of approximately $0.18 per share providing third quarter distribution coverage of 98% Net Asset Value (NAV) per share increased 1.3% or $0.10 per share to $7.66 per share on a quarter-over-quarter basis Net leverage of 0.43x remained level quarter-over-quarter. Total liquidity for portfolio company investments, including cash, was approximately $233 million, subject to leverage and borrowing base restrictions Under our existing share repurchase program, we repurchased 108,134 shares of common stock for $0.6 million, including brokerage commissions, via open market purchases in the third quarter; in October 2018, we repurchased an additional... More