Moody's affirmed BlackRock TCP Capital Corp.'s long-term senior unsecured debt rating of Baa3, with a stable outlook.
The affirmation of BlackRock TCP Capital's rating reflects Moody's unchanged assessment of the company's credit profile, which is supported by its record of strong net investment income, investment portfolio composition that includes a high proportion of senior secured loans and first-lien loans in particular and its strong capitalization.
