Prospect Capital (PSEC) Approves 12M Common Offering
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Price: $2.32 +1.75%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 11.8%
EPS Growth %: -35.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 11.8%
EPS Growth %: -35.3%
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Prospect Capital Corporation (NASDAQ: PSEC) is offering 12,000,000 shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. Barclays Capital Inc. is acting as sole book-running manager in this offering and Prospect will grant the underwriter a 30-day option to purchase up to 1,800,000 additional shares.
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