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Prospect Capital offering 5% notes
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Prospect Capital Corp. is offering an undisclosed amount of 5.000% notes due Jan. 15, 2022.
The notes are scheduled to trade Jan. 3, 2017, and settle Jan. 6, 2017. The company plans to use net proceeds from the offering to maintain balance sheet liquidity, repay debt and redeem other notes.
Prospect Capital also priced a separate offering of 5.000% notes due Dec. 15, 2021. The company is offering $805,000 of the notes, which traded Dec. 27 and will settle Dec. 30.