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Prospect Capital Corp (PSEC) Com Stk USD0.001

Sell:$5.65 Buy:$5.66 Change: $0.055 (0.98%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
Sell:$5.65
Buy:$5.66
Change: $0.055 (0.98%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
Sell:$5.65
Buy:$5.66
Change: $0.055 (0.98%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. The Company’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. It invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. It invests primarily in first and second lien secured loans and unsecured debt, which in some cases includes an equity component. It invests in debt and equity positions of structured credit, which are a form of securitization in which the cash flows of a portfolio of loans are pooled and passed on to different classes of owners in various tranches. It may also acquire controlling interests in companies in conjunction with making secured debt investments in such companies. Its investment adviser is Prospect Capital Management L.P.

Contact details

Address:
10 E 40th St Fl 44
NEW YORK
10016-0301
United States
Telephone:
+1 (212) 4480702
Website:
https://www.prospectstreet.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
PSEC
ISIN:
US74348T1025
Market cap:
$2.38 billion
Shares in issue:
413.99 million
Sector:
Asset Management & Custody Banks
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • John Barry
    Chairman of the Board, Chief Executive Officer
  • M. Grier Eliasek
    President, Chief Operating Officer, Director
  • Kristin Van Dask
    Chief Financial Officer, Chief Compliance Officer, Treasurer, Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.