Prospect Capital closes another deal

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

Prospect Capital (PSEC) keeps the deals moving, providing a $75M in floating-rate senior term loan to finance the recapitalization of American Broadband Communications.

Based in Matthews, NC, ABB is a provider of voice, video, and high-speed internet services in rural markets in Alaska, South-central U.S., and the Midwest.