Prospect Capital tenders for $30 million each of 5.875%, 6.375% notes

By Wendy Van Sickle

Columbus, Ohio, April 7 – Prospect Capital Corp. announced separate cash tender offers to purchase up to $30 million each of its $285,055,000 outstanding 5.875% notes due 2023 (Cusip: 74348TAJ1) and its $81,615,000 outstanding 6.375% notes due 2024 (Cusip: 74348TAS1), according to a news release.

The company is offering $1,041.50 per $1,000 of 2023 notes tendered and $1,075 per $1,000 of 2024 notes tendered, plus interest in each case.

The offer will expire at midnight ET on May 5.

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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