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Prospect Capital Keeps Selling Debt At Ever Lower Yields

July 23, 2012: Mid-sized Business Development Company Prospect Capital (NASDAQ:PSEC) continues to issue more notes at ever lower yields: 6.2% today. Investors need for yield benefiting management and shareholders. Prospectus link here :

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.