Prospect Capital Corporation has entered into a new financing agreement involving the issuance of approximately $167 million in aggregate principal amount of 5.5% Series A Notes due 2030. The notes were issued under a deed of trust between Prospect Capital and Mishmeret Trust Company Ltd., acting as trustee. The offering was conducted offshore to non-U.S. persons and the notes, denominated in Israeli shekel, are expected to begin trading on the Tel Aviv Stock Exchange on November 2, 2025. Net proceeds of about $160 million are intended primarily for refinancing existing indebtedness, including repayment of borrowings under the company's revolving credit facility, with any remaining funds to be used for liquidity and investment purposes.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001287032-25-000332), on October 31, 2025, and is solely responsible for the information contained therein.
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