Brief: Prospect Capital - On May 26 Increased Total Commitments To Revolving Credit Facility For Prospect Capital Funding Llc By $25 Million To $1.1075 Billion

Prospect Capital

27/05/2021 14:15

May 27 (Reuters) - Prospect Capital Corp  PSEC.O :
    * PROSPECT CAPITAL - ON MAY 26 INCREASED TOTAL COMMITMENTS
TO
REVOLVING CREDIT FACILITY FOR PROSPECT CAPITAL FUNDING LLC BY
$25 MILLION TO $1.1075 BILLION
    * PROSPECT CAPITAL - FACILITY INCLUDES ACCORDION FEATURE
THAT
ALLOWS FACILITY, AT CO'S DISCRETION, TO ACCEPT UP TO A TOTAL OF
$1.5 BILLION OF COMMITMENTS
    * PROSPECT CAPITAL CORP - FACILITY MATURES ON APRIL 27, 2026
    * PROSPECT CAPITAL - FACILITY INCLUDES REVOLVING PERIOD THAT
EXTENDS THROUGH APRIL 27, 2025, FOLLOWED BY ADDITIONAL ONE-YEAR
AMORTIZATION PERIOD

Source text for Eikon: [ID: https://bit.ly/3vqFegs]
Further company coverage:  PSEC.O 

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