debt
confidence high
sentiment neutral
materiality 0.55
Prospect Capital launches cash tender offer for $284M of 5.875% senior notes due 2023
PROSPECT CAPITAL CORP
- Tender offer for any and all $284,219,000 of 5.875% senior notes due 2023.
- Cash consideration of $980 per $1,000 principal plus accrued interest.
- Offer expires 5:00 p.m. NY time on Sept 23, 2022; settlement expected Sept 28.
- No minimum tender condition; Company may amend, extend or terminate offer.
- D.F. King & Co. serving as Information and Tender Agent.