BlackRock TCP Capital Corp., through its wholly owned subsidiary BCIC Merger Sub, LLC, has entered into a Ninth Amendment to its existing Second Amended and Restated Senior Secured Revolving Credit Facility. This amendment, dated May 16, 2025, involves BCIC Merger Sub as the borrower, MBS Group Holdings Inc. as a subsidiary guarantor, and Citibank, N.A. as the administrative agent, along with various lenders. The amendment facilitates the acquisition by BlackRock Inc. of all business and assets of HPS Group Adviser Holdings L.P. and HPS Partners Investment Holdings LLC. This strategic move marks a significant step in BlackRock's expansion efforts.
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