Prospect Capital Corporation announced the results of its previously announced cash tender offer (the Tender Offer) to purchase any and all of the outstanding notes listed below. The Tender Offer was made pursuant to an Offer to Purchase dated April 9, 2025 (the ?Offer to Purchase?), which set the terms and conditions of the Tender Offer, and the accompanying notice of guaranteed delivery (the ?Notice of Guaranteed Delivery?). As of the previously announced expiration time of 5:00 p.m., New York City time, on April 17, 2025 (the ?Expiration Time?), according to information provided by D.F. King & Co.
Inc., the Information and Tender Agent for the Tender Offer, a total of $142,961,000 aggregate principal amount of Notes had been validly tendered and not validly withdrawn in the Tender Offer. This amount includes $8,732,000 tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the Notice of Guaranteed Delivery, which remains subject to the holders? performance of the delivery requirements under such procedures.
Withdrawal rights for the Notes expired at 5:00 p.m., New York City time, on April 17, 2025. The table below sets the aggregate principal amount and percentage of the Notes validly tendered and not validly withdrawn by the Expiration Time that will be accepted for purchase by the Company (the ?Eligible Notes?). Title of Security:3.706% Notes due 2026 CUSIP /ISIN Nos:74348TAU6 /US74348TAU60 Outstanding Principal Amount: $342,947,000 Principal Amount Tendered: $142,961,000.
The consideration to be paid for the Eligible Notes is $990.00 for each $1,000 principal amount of Eligible Notes, plus accrued and unpaid interest on the Eligible Notes, if any, from the applicable last interest payment date up to, but not including, the settlement date, which date is expected to be April 22, 2025.
