Prospect Capital Repays March 2025 Convertible Bond

MT Newswires Live

2025/03/25

Prospect Capital (PSEC) said Tuesday it has fully repaid its convertible bond due March.

With the latest repayment, the business development company has now repaid in more than 20 years roughly $4.7 billion in principal bond obligations throughout 874 debt installments, Prospect said.

Shares were edging 0.1% higher in recent trading.

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