Record quarter for originations for Prosepct

|By:, SA News Editor

Prospect Capital (PSEC +0.1%) closed a record $1.3B in deals in Q1 - this in a quarter where more than one BDC said it was pulling back amid "frothy" conditions.

Today's deal is $279M of first-lien senior secured debt and equity in Allentown, PA's Harbortouch Payments