Prospect Capital Corporation Announces Pricing of $300 Million Institutional Offering of 8.95% Unsecured Notes due 2031
Globe Newswire•29/10/2026•17:14 ET
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Key Highlights
- ➤Prospect Capital (PSEC) priced $300 million of 8.95% senior unsecured notes due 2031
- ➤Notes mature October 31, 2031, with semiannual interest payments beginning April 30, 2027
- ➤Proceeds will refinance existing indebtedness, including 3.364% notes due 2026
- ➤Offering expected to close November 5, 2026, subject to customary conditions
Expert Statements
Grier Eliasek, President of Prospect Capital Corporation
“We appreciate the support we received for this unsecured bond offering. This leverage neutral bond offering further strengthens our already diversified financing sources as we continue to ladder our maturity schedule.”
NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect priced an institutional offering of $300 million in aggregate principal amount of senior unsecured 8.95% Notes due 2031 (the “Notes”).
“We appreciate the support we received for this unsecured bond offering,” said Grier Eliasek, President of Prospect. “This leverage neutral bond offering further strengthens our already diversified financing sources as we continue to ladder our maturity schedule.”
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