Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / MRCC - Prospect Capital: Upcoming Credit Issues And 11%+ Yielding Replacement


MRCC - Prospect Capital: Upcoming Credit Issues And 11%+ Yielding Replacement

Prospect Capital's (PSEC) net asset value ("NAV") per share has declined by 15% over the last 5 years and heading lower for the reasons discussed in this article. Also discussed is an excellent replacement for selling PSEC shareholders while maintaining an 11% dividend yield.

As mentioned in my BDC Market Update blog, PSEC's portfolio company United Sporting Companies (“USC”) filed for bankruptcy earlier this week:

United Sporting Companies (“USC”) filed for bankruptcy today due to falling gun sales and tightening credit lines. The company plans to liquidate, hurt by falling sales after

Read more ...

Stock Information

Company Name: Monroe Capital Corporation
Stock Symbol: MRCC
Market: NASDAQ
Website: monroebdc.com

Menu

MRCC MRCC Quote MRCC Short MRCC News MRCC Articles MRCC Message Board
Get MRCC Alerts

News, Short Squeeze, Breakout and More Instantly...