Prospect Capital Corporation Prices Public Offering of $50 Million of Notes due 2029

Nov 28, 2018

NEW YORK, Nov. 28, 2018 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ:PSEC) ("Prospect", “our”, or “we”) announced today that it has priced an underwritten public offering of $50.0 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the “Notes”). The Notes will mature on June 15, 2029 and may be redeemed in whole or in part at any time or from time to time at our option on or after December 15, 2021. The Notes will bear interest at a rate of 6.875% per year payable quarterly on March 15, June 15, September 15 and December 15 of each year, with the first interest payment occurring on March 15, 2019.

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