StockNews.AI
PSEC
StockNews.AI
162 days

Prospect Capital Corporation Releases Updated Prospect Highlights

1. Prospect Capital announced updated 'Prospect Highlights' on its website. 2. Company highlights its strong market-track record and decades-long history. 3. PSEC focuses on generating current income and long-term capital appreciation. 4. Prospect emphasizes its status as a regulated investment company. 5. Forward-looking statements caution against uncertainties affecting future performance.

4m saved
Insight
Article

FAQ

Why Bullish?

Prospect's strong market track record and update highlight stability and growth potential, akin to historical advancements that historically prompted positive price movements.

How important is it?

The announcement reflects company's stability and long-term prospects, likely reassuring investors and enhancing attractiveness amidst market conditions.

Why Long Term?

The emphasis on long-term capital appreciation aligns with sustained investment growth, which can positively influence PSEC's valuation over time.

Related Companies

March 10, 2025 19:04 ET  | Source: Prospect Capital Corporation NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced an updated “Prospect Highlights” has been posted to Prospect’s website. The updated Prospect Highlights is available here. The investor relations section of Prospect's website (with Prospect Highlights, Corporate Presentation, and Press Releases) is available here. Prospect is proud to highlight our multi-decade history, strong track record, and market-leading best practices. About Prospect Capital CorporationProspect is a business development company lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. Prospect has elected to be treated as a business development company under the Investment Company Act of 1940. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986. Caution Concerning Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future. For further information, contact:Grier Eliasek, President and Chief Operating Officergrier@prospectcap.comTelephone (212) 448-0702

Related News