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Prospect Capital Junk-Bond Sale Comes With 8% Yield Whisper
Source: Bloomberg
Credit & Bond MarketsPrivate Markets & VentureInterest Rates & YieldsCompany Fundamentals
Prospect Capital Corp. is discussing an approximately 8% yield for its first junk-bond issuance since 2021. The proposed yield highlights higher borrowing costs for private-credit funds, potentially pressuring their funding economics and investment returns.
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