E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/23/2021 in the Prospect News Convertibles Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

DBRS gives Prospect notes BBB

DBRS said it assigned a provisional rating of BBB (low) to the $300 million of senior notes due 2028 expected to be issued by Prospect Capital Corp.

Prospect plans to primarily use the proceeds for the repayment of indebtedness, and as such, is expected to be leverage neutral, DBRS said.

The trend is stable.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.