Prospect Capital Junk-Bond Sale Comes With 8% Yield Whisper
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.
By Rene Ismail · Bloomberg Markets
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.