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PSEC - Owl Rock Capital: Fight Rising Rates With A Top Tier BDC
September, 30 2021 01:21 PM
Prospect Capital Corporation
Business Development Companies (BDCs) invest in small businesses through debt, equity, or combinations of both. ORCC is one of the largest BDCs by market capitalization and lends to middle market businesses across the United States. Rising rates stand to benefit ORCC’s portfolio of loans, most of which are floating rate. ORCC's external management is pressuring the business as management fees take full effect. For further details see:
Owl Rock Capital: Fight Rising Rates With A Top Tier BDC
Stock Information
Company Name:
Prospect Capital Corporation
Stock Symbol:
PSEC
Market:
NASDAQ
Website:
prospectstreet.com
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