Prospect Capital noteholders tender $347,000 of 5.875% notes

By Mary-Katherine Stinson

Lexington, Ky., Sept. 26 – Prospect Capital Corp. gave the results in its cash tender offer for any and all of its $284,219,000 outstanding 5.875% senior notes due 2023 (Cusip: 74348TAJ1), according to a press release.

As of the expiration of the offer at 5 p.m. ET on Sept. 23, $347,000 of the notes had been tendered. The withdrawal deadline also expired at 5 p.m. ET on Sept. 23.

As previously reported, the company was offering $980 per $1,000 note. Interest will also be paid to the settlement date.

Payment will be made on Sept. 28.

There were guaranteed delivery procedures.

D.F. King & Co., Inc. is the information and tender agent for the offer (866 388-7452, 212 269-5550, psec@dfking.com).

Prospect Capital is a New York-based asset management company.

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