Prospect Capital closes $300 million senior unsecured debt offering
PSEC•Prospect Capital closed a $300 million offering of 8.95% senior unsecured notes due 2031 on November 5, 2026. The company expects net proceeds of approximately $283.4 million, primarily to refinance existing debt.
1. Offering proceeds
Prospect Capital closed its previously announced offering of $300 million in 8.95% senior unsecured notes due 2031 on November 5, 2026. Expected net proceeds of approximately $283.4 million will primarily refinance existing indebtedness; any remaining proceeds will support balance sheet liquidity and long-term investments.
