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Stock Market & Financial Investment News

News Breaks
January 15, 2013
07:18 EDTPSECProspect Capital provides $27M of secured debt to support CHC acquisition
Prospect Capital announced that Prospect has provided $27M of secured second-lien debt financing for CHC Companies. The financing was used, together with proceeds from senior debt facilities, in support of the acquisition of CHC by GTCR.
News For PSEC From The Last 14 Days
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April 10, 2014
10:00 EDTPSECOn The Fly: Analyst Upgrade Summary
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06:39 EDTPSECProspect Capital upgraded to Buy from Neutral at Guggenheim
April 9, 2014
09:27 EDTPSECProspect Capital enters into 20M equity distribution agreement with Barclays
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April 7, 2014
16:09 EDTPSECProspect Capital files to sell $400M in convertible notes due 2020
Prospect intends to use the net proceeds from the sale of the Notes to paydown the outstanding balance on the credit facility, maintain balance sheet liquidity, including investments in high quality short-term debt instruments, and thereafter to make long-term investments in accordance with Prospect's investment objectives.

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