Prospect Capital Corp (PSEC): Prospect Capital Provides $22 Million in...

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Wednesday, 02/09/2011 12:04:11 PM

Wednesday, February 09, 2011 12:04:11 PM

Prospect Capital Provides $22 Million in Senior Secured Financing to Support the Recapitalization of Pharmacy Services Company

Press Release Source: Prospect Capital Corporation On Wednesday February 9, 2011, 7:30 am EST
NEW YORK, NY--(Marketwire - 02/09/11) - Prospect Capital Corporation (NASDAQ:PSEC - News) ("Prospect") announced today that Prospect has made a senior secured debt investment of $22 million to support the recapitalization of a pharmacy services company ("Company") by a leading private equity firm with more than $2 billion of assets under management. The Company has a more than 15 year history and a diversified customer base.

Prospect now has closed more than $285 million of new originations since September 30, 2010.

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