PROSPECT CAPITAL CORP (PSEC)
US74348T1025 - Common Stock
NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
/PRNewswire/ -- NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental...
Prospect Capital Enters Oversold Territory (PSEC)
Prospect Capital's Series A Preferred Stock Yield Pushes Past 7%
Prospect Capital Corporation Hosting Upcoming Webinar: “Preferred Stock as a Low Volatility, Downside Protected, and Income Generating Asset Class”
Prospect Capital Corporation Hosting Upcoming Webinar: “Preferred Stock as a Low Volatility, Downside Protected, and Income Generating Asset Class”
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) is pleased to host an upcoming...
S&P Downgrades Private Credit Fund Prospect Capital to Junk
S&P Global Ratings lowered its rating on Prospect Capital Corp. to BB+, or one step into junk territory, citing losses and a deterioration in credit quality for the $7.6 billion private credit fund.
Priority Income Fund Announces Redemption of its 6.250% Series G Term Preferred Stock Due 2026
National Property REIT Corp. Exits Dylan at Grayson Investment with 1.7 Times Cash on Cash Return
Prospect Capital Corporation to Present at the 2024 Markets Group NYC Private Credit Conference
Prospect Capital Corporation to Present at the 2024 Markets Group NYC Private Credit Conference
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Grier Eliasek, President and...
Insiders Now Seeing Red With PSEC At New 52-Week Low
Prospect Capital Shares Plunge on First Dividend Cut Since 2017
Shares of Prospect Capital Corp., a $7.6 billion publicly-traded private credit fund, tumbled more than 16% Friday after the firm cut its dividend for the first time in seven years.
Prospect Capital is Now Oversold (PSEC)
Prospect Capital Announces Financial Results for Fiscal September 2024 Quarter
Prospect Capital Announces Financial Results for Fiscal September 2024 Quarter
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results...
Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call
Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company” or “Prospect”) today announced it expects to file...
Prospect Capital Corporation Upsizes Preferred Stock Offering to $2.25 Billion
Prospect Capital Corporation Upsizes Preferred Stock Offering to $2.25 Billion
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today an upsize to...
Prospect Capital Corporation Provides First Lien Senior Secured Term and Convertible Loans to Support the Acquisition of Druid City Infusion by Inlet Road Capital Management
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) has provided first lien senior secured term and...
Prospect Capital Corporation Closes $764 Million of New Investments in Fiscal Year June 2024
Prospect Capital Corporation Closes $764 Million of New Investments in Fiscal Year June 2024
NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) closed $764 million of new investments during its...
Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments
Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) extended and increased total commitments for its...
Prospect Capital Celebrates its 20th Anniversary as a Leading Provider of Private Debt and Equity to U.S. Middle-Market Companies with Over $20 Billion Invested and More than 300 Portfolio Company Exits
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced Prospect has surpassed its 20th...
S&P Puts $8 Billion Prospect Fund on Negative Outlook
S&P Global Ratings revised its outlook on Prospect Capital Corp. to negative, citing concerns over mounting losses and non-accruing loans in its portfolio.
Prospect Capital's Series A Preferred Stock Shares Cross 7% Yield Mark
Wells Fargo Cuts Prospect’s Target After Heated Earnings Call
Wells Fargo & Co. cut its price target on Prospect Capital Corp., an $8 billion publicly traded private credit fund, over the risk of further dilution for existing shareholders.
Wells Fargo analyst cuts target on Prospect Capital one day after berating by CEO
Finian O’Shea, an analyst from investment bank Wells Fargo, has trimmed the price target on Prospect Capital Corporation (NASDAQ:PSEC) a day after the company’s CEO and founder, John F. Barry III, lashed out at him during a quarterly earnings call. The analyst and CEO bickered on the company's earnings call on Thursday after O’Shea asked under what circumstances the company would force the conversion of some of its preferred stock into common shares. O’Shea has now reduced Prospect Capital’s stock price target to $4.50 from $5.00 and retained the stock's Underweight rating.
Prospect CEO Lashes Out at Wells Fargo Analyst on Earnings Call
Prospect Capital Corp.’s CEO and founder John F. Barry III lashed out at a Wall Street analyst during a quarterly earnings call, defending the investment firm’s track record and blasting some of the analyst’s questions as “absurd.”
Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend
Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results...
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the...