Macro Finance
Prospect Capital Junk-Bond Sale Comes With 8% Yield Whisper
Bloomberg Markets·September 25, 2026·1 min read
Prospect Capital Corp. is discussing a yield of about 8% on its first junk-bond offering since 2021, underscoring the rising costs of funding for private-credit funds. The deal highlights how higher interest rates are pressuring lenders that rely on debt markets for capital.
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