Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - BlackRock Capital Investment Corp | form8-k.htm |
Exhibit 99.1
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Investor
Contact:
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Press
Contact:
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Frank
Gordon
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Brian
Beades
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212.810.5858
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212.810.5596
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BlackRock
Kelso Capital Announces Cash Dividend of $0.32 per share
New York, March 3, 2010 -
BlackRock Kelso Capital Corporation (NASDAQ:BKCC) (“BlackRock Kelso Capital” or the “Company”)
announced today that its Board of Directors has declared a first quarter
dividend of $0.32 per share. The dividend will be payable on April 5, 2010 to
stockholders of record at the close of business on March 22, 2010. The tax
treatment of the dividend will be reported to stockholders on Form 1099, which
will be sent to stockholders after the end of the year.
About
BlackRock Kelso Capital Corporation
BlackRock
Kelso Capital Corporation is a business development company formed in early 2005
by its management team, BlackRock, Inc. and principals of Kelso & Company,
to provide debt and equity capital to middle-market companies.
The
Company’s investment objective is to generate both current income and capital
appreciation through debt and equity investments. The Company invests
primarily in middle-market companies in the form of senior and junior secured
and unsecured debt securities and loans, each of which may include an equity
component, and by making direct preferred, common and other equity investments
in such companies.
Forward-Looking
Statements
Statements
included herein may constitute “forward looking statements.” These
statements are not guarantees of future performance or results and involve a
number of risks and uncertainties. Actual results may differ materially from
those in the forward-looking statements as a result of a number of factors,
including those described from time to time in our filings with the Securities
and Exchange Commission. The Company undertakes no duty to update any forward
looking statements made herein.
Available
Information
BlackRock
Kelso Capital Corporation’s filings with the Securities and Exchange Commission,
press releases, earnings releases and other financial information are available
on its website at www.blackrockkelso.com.
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