Prospect Capital Corp. (PSEC) on Monday announced that it has upsized its preferred stock offering to $2.5 billion with its securities broker dealer Preferred Capital Securities.
The offering recorded strong demand with $1.8 billion in aggregate liquidation preference issuances, since the initial closing in the quarter ending December 31, 2020.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.