Prospect Capital sets talk for planned 5.25-year notes at 5%-5.25%

By Aleesia Forni

Virginia Beach, April 1 - Prospect Capital Corp. set price talk for its planned offering of senior notes (/BBB/) due 2019 at 5% to 5.25%, 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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