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NEW YORK, NY -- (Marketwire) -- 01/07/13 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of the businesses of Credit Central Holdings, Inc., Credit Central South Holdings, Inc. and Credit Central of Tennessee Holdings, Inc. (collectively "Credit Central") with $43.5 million of…
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NEW YORK, NY -- (Marketwire) -- 01/04/13 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of Valley Electric Company of Mt. Vernon, Inc. ("Valley" or the "Company") with $53 million of combined debt and equity financing.Valley was founded in 1982 and is…
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NEW YORK, NY -- (Marketwire) -- 01/03/13 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $32 million senior secured loan to support the acquisition of All Systems Holding, LLC ("System One"), a leading provider of professional staffing services, by investment funds managed by…
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NEW YORK, NY -- (Marketwire) -- 12/31/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $30 million first-lien senior secured loan to support the recapitalization of Spartan Energy Services, LLC ("Spartan"), a leading provider of thru tubing and flow control services to oil…
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NEW YORK, NY -- (Marketwire) -- 12/21/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it has closed a private placement of 6.1-year unsecured 5.875% Senior Convertible Notes Due 2019 (the "Notes"). A total of $200 million aggregate principal amount of the Notes were issued…
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NEW YORK, NY -- (Marketwire) -- 12/18/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today the pricing of $200 million in aggregate principal amount of unsecured 5.875% Convertible Senior Notes Due 2019 (the "Notes"). The Company has also granted the initial purchaser of the Notes an…
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NEW YORK, NY -- (Marketwire) -- 12/17/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it intends to privately offer, subject to market and other conditions, $200 million in aggregate principal amount of senior unsecured convertible notes due 2019 (the "Notes"). In addition, the Company…
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NEW YORK, NY -- (Marketwire) -- 12/17/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of CCPI Inc. ("CCPI" or the "Company") with $33.9 million of combined debt and equity financing.CCPI was founded in 1957 and is headquartered in Blanchester, Ohio. The…
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NEW YORK, NY -- (Marketwire) -- 12/07/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has declared revised monthly cash distributions to shareholders in the following amounts and with the following record and payment dates, representing an 8.2% increase from the previous announcement in early November…
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NEW YORK, NY -- (Marketwire) -- 11/08/12 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Company" or "Prospect") today announced financial results for our first fiscal quarter ended September 30, 2012.For the September 2012 quarter, our net investment income ("NII") was $74.0 million or $0.46 per weighted average number of shares…