Purchase of bonds by Prospect Capital Corp. due in 2025- Issuer: Prospect Capital Corporation
- ISIN: US74348GKE97
- Coupon: 5.5% (in US dollars), paid twice a year
- Repayment: December 15, 2025
- Yield to maturity: 11.7%
- Rating: BBB-
- Premium: About 6 basis points for securities of similar quality
Justification of the purchase:
Prospect