Another beaten-up income favorite puts the sellers on notice (CYS on Monday) with Prospect...

|About: Prospect Capital Corpora... (PSEC)|By:, SA News Editor

Another beaten-up income favorite puts the sellers on notice (CYS on Monday) with Prospect Capital (PSEC) guiding Q2 estimated NII to $0.35/share from $0.31 previously. The company also announces a new $112M senior loan to a leading 3rd party logistics company servicing shippers globally. With no borrowing under its credit line, Prospect has $800M in new investment capacity. Shares +2% premarket. (PR)