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Published on 10/17/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Prospect Capital launches tender offer for 5.875% notes due 2023

Chicago, Oct. 17 – Prospect Capital Corp. launched a cash tender offer for any and all of its $283,872,000 outstanding 5.875% senior notes due 2023 (Cusip: 74348TAJ1), according to a press release.

The company is offering $985 per $1,000 note and any unpaid interest to the settlement date.

The offer will expire at 5 p.m. ET on Oct. 21.

Settlement is planned for Oct. 26.

There are guaranteed delivery procedures for the offer.

D.F. King & Co., Inc. is the information and tender agent for the offer (866 388-7452, 212 269-5550, psec@dfking.com).

Prospect Capital is a New York-based asset management company.


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