debt
confidence high
sentiment positive
materiality 0.70
Prospect Capital launches cash tender offer for all $283.9M of 5.875% senior notes due 2023
PROSPECT CAPITAL CORP
- Offer to purchase any and all $283,872,000 of 5.875% senior notes at $985 per $1,000 principal plus accrued interest.
- Tender offer expires 5:00 pm NYC on Oct 21, 2022; settlement expected Oct 26, 2022.
- No minimum tender condition; company may amend, extend, or terminate at its discretion.
- D.F. King & Co. appointed as information and tender agent for the offer.