Prospect Capital (PSEC) -7.7% premarket after announcing a secondary offering of 35M shares as...

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

Prospect Capital (PSEC) -7.7% premarket after announcing a secondary offering of 35M shares as it seeks to repay debt or invest in short-term debt instruments. The price is not disclosed. PSEC recently had ~174.5M shares outstanding.