Prospect Capital launches new cash tender offer for 6.375% notes

Chicago, March 16 – Prospect Capital Corp. started a new tender offer shortly after its last tender offer ended for its $82,262,000 now outstanding of 6.375% notes due 2024 (Cusip: 74348TAS1), according to a news release.

The offer will expire at 5 p.m. ET on March 22.

A consideration of $1,087.50 per $1,000 note, plus interest, will be paid to tendering noteholders.

Settlement is planned for March 25.

The company settled its previous tender offer on March 11. The company received tenders for $7,738,000 in that offer.

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

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

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