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TCP CAPITAL CORP. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits

June 9, 2014



Item 1.01 Entry into a Material Definitive Agreement.

On June 9, 2014, TCP Capital Corp., ("TCPC") issued a press release announcing it has expanded its revolving credit facility with Deutsch Bank AG, New York Branch, as administrative agent from $150 million to $200 million (the "Credit Facility"). The Credit Facility accordion feature was also expanded up to an aggregate of $250 million, subject to consent of the administrative agent and other customary conditions. In connection with the expanded commitment under the Credit Facility, TCPC's indirect, wholly-owned subsidiary, TCPC Funding I, LLC ("TCPC Funding I"), as borrower, entered into an amendment to the Loan Financing and Servicing Agreement dated as of May 15, 2013, as amended (the "Loan and Servicing Agreement").

The description above is only a summary of the material provisions of the amendment to the Credit Facility and is qualified in its entirety by reference to the copy of the form of Amendment No. 4 to Loan and Servicing Agreement, which is filed as Exhibit 10.1 a to this current report on Form 8-K and by this reference incorporated herein.

On June 9, 2014, TCPC issued a press release announcing its entry into the amendment to the Credit Facility. The text of the press release is included as Exhibit 99.1 to this Form 8-K.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure set forth above under 1.01 is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: Exhibit Number Description 10.01 Form of Amendment No. 4 to Loan Financing and Servicing Agreement, dated as of June 9, 2014, by and among TCPC Funding I, LLC, as borrower, each lender and agent from time to time party thereto, Deutsche Bank AG, New York Branch, as administrative agent, and Wells Fargo Bank, National Association, as collateral agent and collateral custodian. 99.1 Press Release, dated June 9, 2014.


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Source: Edgar Glimpses


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