Key Developments: Blackrock Kelso Capital Corp (BKCC.O)

BKCC.O on Nasdaq

8.93USD
28 Jul 2014
Price Change (% chg)

$-0.02 (-0.22%)
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$8.95
Open
$8.92
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$8.98
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$8.90
Volume
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$10.35
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Latest Key Developments (Source: Significant Developments)

BlackRock Kelso Capital Corp declares regular quarterly distribution
Thursday, 1 May 2014 08:00am EDT 

BlackRock Kelso Capital Corp:Declares quarterly distribution of $0.21 per share payable on July 2 to stockholders of record as of June 18.  Full Article

Blackrock Kelso Capital Corp declares regular quarterly distribution of $0.26 per share
Thursday, 6 Mar 2014 08:00am EST 

Blackrock Kelso Capital Corp:Declared a quarterly distribution of $0.26 per share.Payable on April 3, to stockholders of record as of March 20.  Full Article

Blackrock Kelso Capital Corp Declares Regular Quarterly Dividend
Thursday, 7 Nov 2013 08:00am EST 

Blackrock Kelso Capital Corp declared a quarterly dividend of $0.26 per share, payable on January 3, 2014 to stockholders of record at the close of business on December 20, 2013.  Full Article

Blackrock Kelso Capital Corp Declares Regular Quarterly Dividend
Thursday, 1 Aug 2013 08:00am EDT 

BlackRock Kelso Capital Corporation announced that its Board of Directors has declared a quarterly dividend of $0.26 per share payable on October 3, 2013 to stockholders of record as of September 19, 2013.  Full Article

Blackrock Kelso Capital Corp Declares Regular Quarterly Dividend Of $0.26 Per Share
Thursday, 2 May 2013 08:00am EDT 

Blackrock Kelso Capital Corp announced that Board of Directors has declared a quarterly dividend of $0.26 per share payable on July 2, 2013 to stockholders of record as of June 18, 2013.  Full Article

Blackrock Kelso Capital Corp Declares Quarterly Dividend
Thursday, 7 Mar 2013 08:00am EST 

Blackrock Kelso Capital Corp announced that the Board of Directors has declared a quarterly dividend of $0.26 per share payable on April 2, 2013 to stockholders of record as of March 19, 2013.  Full Article

Blackrock Kelso Capital Corp Announces Exercise of Overallotment Option
Thursday, 28 Feb 2013 04:05pm EST 

Blackrock Kelso Capital Corp announced that in connection with its recent private offering, which closed on February 19, 2013 (the Offering), of $100 million in aggregate principal amount of its 5.50% unsecured convertible senior notes due 2018 (the Notes), the initial purchasers of the Notes have fully exercised their overallotment option and have purchased an additional $15 million in aggregate principal amount of the Notes. The closing of the overallotment option is expected to take place on March 4, 2013. With the exercise of the overallotment option, a total of $115 million in aggregate principal amount of the Notes have been sold. Net proceeds to the Company from the Offering, including the exercise of the overallotment option, are approximately $111.3 million. The Notes are unsecured and bear interest at a rate of 5.50% per year, payable semiannually in arrears. In certain circumstances and during certain periods, the Notes are convertible into cash, shares of BlackRock Kelso Capital`s common stock or a combination of cash and shares of BlackRock Kelso Capital`s common stock, at BlackRock Kelso Capital`s election, at an initial conversion rate of 86.0585 shares of common stock per $1,000 principal amount of the Notes. BlackRock Kelso Capital expects to use the net proceeds of this offering to reduce outstanding borrowings and for general corporate purposes, including investing in portfolio companies in accordance with its investment objective.  Full Article

Blackrock Kelso Capital Corp Closes Private Offering of $100 Million of Unsecured Convertible Senior Notes
Tuesday, 19 Feb 2013 04:05pm EST 

Blackrock Kelso Capital Corp announced that it has closed a private offering (the "Offering") of $100 million in aggregate principal amount of its 5.50% unsecured convertible senior notes due 2018 (the "Notes"). Net proceeds to the Company from the Offering are approximately $96.7 million. The Company has also granted the initial purchasers of the Notes an option to purchase up to an additional $15 million in aggregate principal amount of the Notes to cover overallotments, if any. The Notes are unsecured and bear interest at a rate of 5.50% per year, payable semiannually in arrears. In certain circumstances and during certain periods, the Notes are convertible into cash, shares of BlackRock Kelso Capital`s common stock or a combination of cash and shares of BlackRock Kelso Capital`s common stock, at BlackRock Kelso Capital`s election, at an initial conversion rate of 86.0585 shares of common stock per $1,000 principal amount of the Notes, which is equivalent to an initial conversion price of approximately $11.62 per share of BlackRock Kelso Capital`s common stock, subject to customary anti-dilution adjustments. BlackRock Kelso Capital does not have the right to redeem the Notes prior to maturity. The Notes mature on February 15, 2018, unless repurchased or converted in accordance with their terms prior to such date. BlackRock Kelso Capital expects to use the net proceeds of this offering to reduce outstanding borrowings and for general corporate purposes.  Full Article

Blackrock Kelso Capital Corp Prices $100 Million Of Unsecured Convertible Senior Notes
Wednesday, 13 Feb 2013 11:27am EST 

Blackrock Kelso Capital Corp announced that it has agreed to sell to initial purchasers in a private offering $100 million aggregate principal amount of 5.50% unsecured convertible senior notes (the Notes) due 2018. BlackRock Kelso Capital also plans to grant the initial purchasers an option to purchase up to an additional $15 million principal amount of the Notes to cover overallotments, if any. The Notes will only be offered to qualified institutional buyers as defined in the Securities Act of 1933, as amended (the Securities Act) pursuant to Rule 144A under the Securities Act. The closing of the transaction is subject to customary closing conditions.BlackRock Kelso Capital expects to use the net proceeds of this offering to reduce outstanding borrowings and for general corporate purposes, including investing in portfolio companies in accordance with its investment objective.  Full Article

Blackrock Kelso Capital Corp Announces Private Offering Of Unsecured Convertible Senior Notes
Tuesday, 12 Feb 2013 04:06pm EST 

Blackrock Kelso Capital Corp announced that it plans to make a private offering of $100 million aggregate principal amount of unsecured convertible senior notes (the Notes) due 2018. BlackRock Kelso Capital also plans to grant the initial purchasers an option to purchase up to an additional $15 million principal amount of the Notes to cover overallotments, if any. The Notes will only be offered to qualified institutional buyers as defined in the Securities Act of 1933, as amended (the Securities Act) pursuant to Rule 144A under the Securities Act. The offering is subject to market and other conditions. BlackRock Kelso Capital expects to use the net proceeds of this offering to reduce outstanding borrowings and for general corporate purposes, including investing in portfolio companies in accordance with its investment objective.  Full Article

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