Prospect Capital Corporation Announces Pricing of $167 Million 5.5% Oversubscribed Institutional Unsecured Notes Offering

Core Viewpoint - Prospect Capital Corporation has successfully priced an institutional offering of approximately $167 million in 5.5% Series A Notes due 2030, indicating strong interest from institutional investors and enhancing its financing sources [1][2]. Group 1: Offering Details - The offering consists of 5.5% Series A Notes with an aggregate principal amount of approximately $167 million, maturing on December 31, 2030 [1][4]. - The Notes will bear interest at a rate of 5.5% per annum, payable quarterly starting March 31, 2026 [2]. - The offering is expected to close on October 30, 2025, with trading on the Tel Aviv Stock Exchange commencing on November 2, 2025 [4]. Group 2: Financial Structure - The Notes are general senior unsecured obligations of Prospect and will rank equally with existing and future senior unsecured debt [3]. - The Notes are rated ilAA- by S&P Global Ratings Maalot Ltd., indicating a strong credit quality [5]. Group 3: Company Overview - Prospect Capital Corporation is a business development company that primarily lends to and invests in middle market privately-held companies, aiming for both current income and long-term capital appreciation [7].