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Prospect News home > News index > List of issuers P > Headlines for Prospect Capital Corp. > News item
Published on 9/29/2015 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

S&P cuts Prospect Capital, debt to BBB-

Standard & Poor's said it lowered Prospect Capital Corp.’s issuer credit rating and the issue-level ratings on its unsecured debt to BBB- from BBB.

The outlook is stable.

"We lowered our ratings on PSEC to reflect the company's relative weakness in our capital, leverage, and earnings assessment compared with its peers' over several quarters," said S&P credit analyst Olga Roman said in a news release.


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