BlackRock Capital Investment Corporation (BKCC) Reports In-Line Q4 EPS

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BlackRock Capital Investment Corporation Reports Financial Results for the Quarter and Year Ended December 31, 2018, Declares Quarterly Distribution of $0.18 per Share

March 6, 2019 4:02 PM EST

GAAP Net Investment Income (NII) of $0.17 per share providing fourth quarter distribution coverage of approximately 94% Net Asset Value (NAV) per share declined 7.7% or $0.59 per share to $7.07 per share on a quarter-over-quarter basis primarily due to net unrealized depreciation on certain legacy assets Net leverage of 0.36x was down reflecting a net reduction in investments. Total liquidity for portfolio company investments, including cash, was approximately $252 million, subject to leverage and borrowing base restrictions Waiver of incentive management fees based on income extended until June 30, 2019... More