The Facility includes an accordion feature that allows Prospect to accept up to an aggregate of $650 million of revolving commitments, a target Prospect expects to reach with additional and existing lenders. The $15 million in new commitments has come from an existing lender. The Facility has an investment grade Moody's rating of Aa3.
Detail:
www.marketwire.com/press-release/prospect-capital-announces-increase-revolving-credit-facility-commitments-over-500-million-nasdaq-psec-1684893.htm
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