Prospect Capital Corporation announced it will redeem all outstanding 3.706% Notes due 2026. The redemption price will be 100% of the principal amount of the Notes to be redeemed, plus accrued but unpaid interest.
The redemption date is scheduled for June 18, 2025. The Notes are held through The Depository Trust Company and will be redeemed in accordance with applicable procedures.
This action follows a recent cash tender offer for the same notes, indicating Prospect Capital's commitment to managing its debt maturities. The redemption will reduce the company's outstanding debt obligations.
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