Prospect Capital Corporation $(PSEC)$ has announced the pricing of an institutional offering of approximately $167 million in aggregate principal amount of 5.5% Series A Notes due 2030. The Notes are general senior unsecured obligations and will bear interest at a rate of 5.5% per annum, payable quarterly in arrears on March 31, June 30, September 30, and December 31, commencing March 31, 2026. The Notes mature on December 31, 2030, and may be redeemed, at Prospect's option, in whole or in part, at any time after 60 days from listing on the Tel Aviv Stock Exchange (TASE) at specified redemption prices. The offering was oversubscribed with support from over 40 institutional investors, and the Notes are rated ilAA- by S&P Global Ratings Maalot Ltd. The Notes were sold in an offshore transaction outside the United States pursuant to Regulation S under the Securities Act of 1933. No URL for the full prospectus is included in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prospect Capital Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9563355-en) on October 28, 2025, and is solely responsible for the information contained therein.
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