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Prospect Capital To Offer Upsized Preferred Stock Of $2.25 Bln

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.

by RTTNews Staff Writer

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