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Stock Market & Financial Investment News

News Breaks
January 4, 2013
07:03 EDTPSECProspect Capital invests $53M of debt and equity to recapitalize Valley Electric
Prospect Capital announced that Prospect has funded a recapitalization of Valley Electric Company of Mt. Vernon, with $53M of combined debt and equity financing. Valley was founded in 1982 and is headquartered in Everett, Washington. The company, one of the largest 50 electrical contractors in the United States, is a leading provider of specialty electrical services in the state of Washington. Valley offers a comprehensive array of contracting services, primarily for commercial, industrial, and transportation infrastructure applications, including new installation, engineering and design, design-build, traffic lighting and signalization, low to medium voltage power distribution, construction management, energy management and control systems, 24-hour electrical maintenance, testing, special projects, and tenant improvement services.
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May 21, 2013
07:17 EDTPSECProspect Capital reports sale of Wolf Energy assets
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May 14, 2013
07:09 EDTPSECProspect Capital provides $150M in financing to Artic Glacier
Prospect Capital announced that Prospect has provided a $150M senior secured term loan to support the recapitalization of Arctic Glacier. Controlled by H.I.G Capital, Arctic Glacier is the largest producer of packaged ice in Canada and the second largest producer of packaged ice in the United States, primarily under the brand name of Arctic Glacier Premium Ice.
May 13, 2013
07:03 EDTPSECProspect Capital announces three new investments aggregating $27.4M
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