brkelsocc8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________

FORM 8-K


CURRENT REPORT
Pursuant to section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):  March 6, 2008

BLACKROCK KELSO CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)


Delaware
000-51327
20-2725151
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation or organization)
File Number)
Identification Number)

40 East 52nd Street
New York, NY 10022
(Address of principal executive offices)


(212) 810-5800
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

__________________________________

 
 

 

ITEM 7.01.    REGULATION FD DISCLOSURE.
 
The Registrant issued a press release, filed herewith as Exhibit 99.1, and by this reference incorporated herein, on March 6, 2008 announcing the declaration of a first quarter dividend of $0.43 per share.  The dividend is payable on March 31, 2008 to stockholders of record as of March 17, 2008.
 
In the press release, the Registrant also announced that it intends to report earnings for the fourth quarter and fiscal year ended December 31, 2007 on March 10, 2008. 
 
The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
 
ITEM 9.01.    FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit
Number
Description
   
99.1
Press Release, dated as of March 6, 2008
 

 
 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
BLACKROCK KELSO CAPITAL CORPORATION
       
       
Date:  March 6, 2008
By:
/s/ Frank D. Gordon
   
Name:
Frank D. Gordon
   
Title:
Chief Financial Officer
       


 
 

 

EXHIBIT INDEX

Exhibit
Number
Description
   
99.1
Press Release, dated as of March 6, 2008
 



exhibit99-1.htm
Exhibit 99.1
 
 
 
 
 

Investor Contact:
Press Contact:
Frank Gordon
Brian Beades
212.810.5858
212.810.5596


BlackRock Kelso Capital Corporation Declares Regular First Quarter Dividend of $0.43 per Share,
To Report Earnings for Fourth Quarter and Fiscal Year Ended December 31, 2007 on March 10

New York, March 6, 2008 - BlackRock Kelso Capital Corporation (NASDAQ:BKCC) (“BlackRock Kelso” or the “Company”) announced today that its Board of Directors has declared a first quarter dividend of $0.43 per share payable on March 31, 2008 to stockholders of record as of March 17, 2008. 

BlackRock Kelso also announced that it will report earnings for the fourth quarter and fiscal year ended December 31, 2007 on Monday, March 10, 2008 prior to the opening of the financial markets.

BlackRock Kelso invites all interested persons to attend its webcast/teleconference call at 4:30 p.m. (Eastern Time) on Monday, March 10, 2008 to discuss its fourth quarter and fiscal year 2007 financial results.  The Company’s fourth quarter and fiscal year 2007 earnings release will be available in the investor relations section of its website, www.blackrockkelso.com.

Members of the public who are interested in participating in the teleconference should dial, from the United States, (800) 374-0176, or from outside the United States, (706) 679-3431, shortly before 4:30 p.m. on Monday, March 10, 2008 and reference the BlackRock Kelso Capital Corporation Conference Call (ID Number 38246468).  A live, listen-only webcast will also be available via the investor relations section of www.blackrockkelso.com.

Both the teleconference and webcast will be available for replay by 8:00 p.m. on Monday, March 10, 2008 and ending at midnight on Monday, March 17, 2008.  To access the replay of the teleconference, callers from the United States should dial (800) 642-1687 and callers from outside the United States should dial (706) 645-9291 and enter the Conference ID Number 38246468.  To access the webcast, please visit the investor relations section of www.blackrockkelso.com.

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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