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Prospect Capital announces, prices senior notes offerings

Prospect CapitalCorp. is offering about $4.1 million of its 5.000% unsecured notes dueOct. 15, 2021.

The trade date for the notes is Oct. 3, and the settlement dateis Oct. 6. Interest on the notes will accrue beginning Oct. 6, and will be payableApril 15 and Oct. 15 each year, starting April 15, 2017.

The company also filed a preliminary pricing supplement for anundisclosed amount of its 5.000% unsecured notes due Oct. 15, 2021.

The trade date for the notes is Oct. 11, and the settlement dateis Oct. 14. Interest on the notes will accrue beginning Oct. 14, and will be payableApril 15 and Oct. 15 each year, starting April 15, 2017.

The company plans to use the net proceeds to repay debt underits credit facility and redeem its outstanding notes and other debt; to invest inhigh-quality, short-term debt instruments or a combination thereof; and thereafterto make long-term investments.

Incapital LLC, Bank of America Merrill Lynch, Citigroup and RBCCapital Markets are listed as underwriters for the offerings.