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Prospect Capital adds to investment in portfolio company

Jul. 14, 2015 8:09 AM ETProspect Capital Corporation (PSEC)By: Stephen Alpher, SA News Editor2 Comments
  • Prospect Capital (NASDAQ:PSEC) provides System One Holdings - a portfolio company of MidOcean Partners - with another $11.8M of first lien senior secured floating rate debt to support the purchase of AECOM's quality programs business.
  • System One utilized a delayed draw term loan to which Prospect previously committed. Prospect now provides about $80M of financing to System One as the sole term lender.
  • Source: Press Release

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