Prospect Capital Corporation (NASDAQ:PSEC) Files An 8-K Other EventsItem 8.01. Other Events.
On December 21, 2012, as previously announced, Prospect Capital Corporation (“Prospect”) issued $200 million in aggregate principal amount of 5.875% Convertible Notes due 2019 (the “2019 Notes”), all of which remain outstanding. The 2019 Notes will mature on January 15, 2019, unless previously converted in accordance with their terms. Prospect may repurchase the 2019 Notes from time to time in privately negotiated transactions or otherwise.
About Prospect Capital Corporation (NASDAQ:PSEC)
Prospect Capital Corporation is a financial services company. The Company primarily lends to and invests in middle market privately held companies. The Company is a closed-end investment company. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The Company invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. The Company makes investments, including lending in private equity sponsored transactions, lending directly to companies not owned by private equity firms, control investments in corporate operating companies, control investments in financial companies, investments in structured credit, real estate investments, investments in syndicated debt, aircraft leasing and online lending. The Company is managed by its investment advisor, Prospect Capital Management L.P.
