Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 6.375% Convertible .
Prospect Capital CorporationDecember 28, 2020 GMT
NEW YORK, Dec. 28, 2020 (GLOBE NEWSWIRE) Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $20,000,000 aggregate principal amount of outstanding 6.375% Convertible Notes due 2025 (the “Notes”). The Tender Offer will expire at 12:00 midnight, New York City time, on January 27, 2021 (one minute after 11:59 p.m., New York City time, on January 26, 2021), or any other date and time to which the Company extends the Tender Offer (such date and time, as it may be extended, the “Expiration Date”). The Tender Offer is made pursuant to an Offer to Purchase dated today, which sets forth the terms and conditions of the Tender Offer.
Prospect Capital Purchases $25 Million of First Lien Senior Secured Floating Rate Notes Issued by KM(2) Solutions marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.