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Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments
Oct 07, 2024•over 1 year ago
Contract Type
agreement
New YorkFinancial ServicesFinanceLendingDescription
Prospect Capital Corporation has extended and increased its total commitments for the revolving credit facility to over $2.1 billion. The facility comprises five years from the initial closing, with an accordion feature allowing aggregate commitments to be increased up to $2.25 billion.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months