trending Market Intelligence /marketintelligence/en/news-insights/trending/S7kgvQRgy2N36FsE5Yx2Uw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Prospect Capital prices, announces notes offering

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Prospect Capital prices, announces notes offering

Prospect Capital Corp. is offering about $2.3 million of 4.750% unsecured notes due June 15, 2022.

The trade date is May 30, and the settle date is June 2. Interest on the notes will begin to accrue June 2 and will be payable June 15 and Dec. 15 of each year, starting Dec. 15. The company expects about $2.3 million in net proceeds from the offering.

The company also filed a preliminary pricing supplement for the sale of an undisclosed amount of 4.750% unsecured notes due June 15, 2022. The trade date is June 5, and the settle date is June 8. Interest on the notes will begin to accrue June 8 and will be payable June 15 and Dec. 15 of each year, starting Dec. 15.

Prospect Capital plans to use the proceeds to maintain balance sheet liquidity involving repayment of debt under its credit facility and redemption of outstanding Prospect Capital InterNotes and other debt. The company will also use the proceeds to make investments in high-quality, short-term debt instruments and to make long-term investments.

Incapital LLC serves as purchasing agent, and Citigroup Global Markets Inc. and RBC Capital Markets LLC act as agents for the offerings.