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Prospect Capital preps sale of 5.25-year notes; pricing this week
By Aleesia Forni
Virginia Beach, March 31 - Prospect Capital Corp. is expected to price an offering of senior notes (/BBB/) due 2019 this week, according to a 497AD filed with the Securities and Exchange Commission.
The active bookrunners are Barclays, Goldman Sachs & Co. RBC Capital Markets LLC and UBS Securities LLC.
BNP Paribas Securities Corp. is a passive bookrunner, and BMO Capital Markets is the lead manager.
Proceeds will be used to repay debt under the company's credit facility.
The financial services company is based in New York City.
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