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Prospect Capital Prices $200 Million Of Unsecured Convertible Senior Notes

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August 9, 2012

Prospect Capital Corporation (PSEC) announced the pricing of $200 million in aggregate principal amount of unsecured 5.75% Convertible Senior Notes Due 2018. The Company has also granted the initial purchasers of the Notes an option to purchase up to an additional $30 million in aggregate principal amount of the Notes.

The Notes will be convertible into shares of Prospect's common stock based on an initial conversion rate of 82.3451 shares of Prospect's common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately ...


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