- Prospect Capital (NASDAQ:PSEC) provides a $210M first lien senior secured credit facility to support the recapitalization of a leading food services company in the H.I.G. portfolio. The deal marks the ninth time in the last two years Prospect has invested over $100M in a single transaction.
- Separately, Prospect announces the sale of AMU Holdings and Airmall resulting in a gross 16.7% IRR and 1.61x cash-on-cash return.
- Source: Press Release
at CNBC.com (Nov 14, 2014)