Prospect adds another lender and $20M to credit facility

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

When the going gets tough, the tough boost their credit lines. Prospect Capital (PSEC) announces an increase in total commitments to its 5-year revolving credit facility of $20M to $857.5M.

An accordion feature allows Prospect to raise the size to $1B, a target the company expects to reach at some point.