Prospect Capital presents portfolio update showing first-lien investments rise to 71.5%
Bitget2026/11/06 01:46- Prospect Capital increased first-lien investments to 71.5% of its portfolio, up 740 basis points since June 2024.
- The portfolio's CLO equity exposure fell to 0%, while second-lien investments declined to 11.1%.
- Non-accrual loans stood at 0.2% of total assets at fair value as of September 30, 2026.
- Debt represented 26% of total capitalization, with $1.9 billion in undrawn revolving credit commitments and cash.
- A $300 million, 8.95% five-year unsecured institutional bond offering in October 2026 supported access to capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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