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Prospect Capital Corp., 6.25% Notes due 6/15/2024
Ticker Symbol: PBB*     CUSIP: 74348T300     Exchange: NYSE
Security Type:   Exchange-Traded Debt Security
* NOTE: This security is no longer trading as of 2/14/2021

Security has been Called for:  Sunday, February 14, 2021

January 15, 2021 -- the Company notified U.S. Bank National Association, the trustee (the “Trustee”) for the Company’s 6.25% Notes due 2024 (the “2024 Notes”), of the Company’s election to redeem $233,787,975 of the aggregate principal amount of the 2024 Notes outstanding and instructed the Trustee to provide notice of such redemption to the holders of the 2024 Notes in accordance with the terms of the indenture governing the 2024 Notes. The Company expects the redemption to be completed on or about February 14, 2021 (payable on the next succeeding business day, February 15, 2021). Following the redemption, none of the 2024 Notes will remain outstanding.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Prospect Capital Corp., 6.25% Notes due 2024, issued in $25 denominations, redeemable at the issuer's option on or after 12/15/2018 at $25 per note plus accrued and unpaid interest, and maturing 6/15/2024. Interest distributions of 6.25% per annum ($1.5625 per annum or $0.390625 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be 3/1, 6/1, 9/1 & 12/1 respectively (NOTE: the ex-dividend date is one business day prior to the record date). If a Fundamental Change occurs the holder will have the right to require the issuer to repurchase for cash some or all of the Notes at a repurchase price equal to 100% of the principal amount of the Notes being repurchased, plus accrued and unpaid interest to, but not including, the repurchase date (see prospectus for further information). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was not rated by Moody’s and rated BBB- by S&P at the date of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
6.25%
$1.56
$25.00
$25.00
Called for
2/14/2021

6/15/2024
Baa3 BBB-
1/28/2021
3/15, 6/15, 9/15 & 12/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (PSEC)

IPO - 12/3/2015 - 6.00 Million Notes @ $25.00 /note.    Link to IPO Prospectus
Previous Ticker Symbol: TEMP06    Changed: 12/15/2015
Market Value $150.0 Million

Company's Online Information Links
HOME PAGE:     http://www.prospectstreet.com/
ETF Fund's Information Go to Fund Information
ETF Funds's Online News Releases Go to News Releases
Online ETF Fund Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address grier@prospectcap.com
General Email Address InvestorRelations@prospectstreet.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   10 East 40th Street, 42nd Floor, New York, NY 10016
Main Phone Number 212-448-0702
Fax Number 212-448-9652
Investor Contact (COO)   Grier Eliasek 212-448-0702
Toll Free Phone Number Unknown
CEO - John F. Berry III CFO - Kristin Lea Van Dask

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