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Stock Market & Financial Investment News

News Breaks
March 28, 2013
07:09 EDTPSECProspect Capital provides $100M of senior secured debt to Broder Bros.
Prospect Capital announced that Prospect has provided $100M of senior secured debt financing to support the recapitalization of Broder Bros. Additionally, Prospect has closed approximately $800M of new originations during the current March 2013 quarter, bringing trailing-twelve-month originations to nearly $3B.
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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