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Prospect Capital Junk-Bond Sale Comes With 8% Yield Whisper

Key Points

Prospect Capital Corp. is discussing a yield of about 8% on its first junk-bond offering since 2021, underscoring the rising costs of funding for private-credit funds.

Prospect Capital Corp. is discussing a yield of about 8% on its first junk-bond offering since 2021, underscoring the rising costs of funding for private-credit funds.
Prospect Capital Junk-Bond Sale Comes (ORG) Whisper Prospect Capital Corp. (ORG)
Originally published by Bloomberg Markets Read original →