Prospect Capital Corporation Declares Distributions for the Month of November 2022, December 2022 and January 2023, Payable on 12 December 2022, 19 January 2023 and 16 February 2022 Respectively
November 10, 2022 at 02:31 am IST
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Prospect Capital Corporation declared monthly distribution of $0.0600 for the each November 2022, December 2022 and January 2023. The dividend will payable on 12 December 2022, 19 January 2023 and 16 February 2022 respectively with record dates of 28 November 2022, 28 December 2022 and 27 January 2023 respectively.
Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. The Companyâs 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.
Prospect Capital Corporation Declares Distributions for the Month of November 2022, December 2022 and January 2023, Payable on 12 December 2022, 19 January 2023 and 16 February 2022 Respectively