Prospect Capital (PSEC) and an affiliate have provided a first lien senior secured term loan, a first lien senior secured revolving credit facility, and an equity investment to TCSPV Holdings IV, aggregating approximately $18 million, in collaboration with Thesis Capital Partners. The Ridge is a physician-led addiction treatment facility that delivers personalized care in a luxurious residential setting. The Company offers a wide array of services, from detoxification to outpatient care, integrating evidence-based clinical treatments with holistic therapies.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSEC:
- Prospect Capital’s Earnings Call Highlights Growth and Challenges
- Prospect Capital price target lowered to $2.50 from $3 at Wells Fargo
- Prospect Capital Reports Decline in Earnings and NAV
- Prospect Capital Announces Dividends Amid Portfolio Optimization
- Prospect Capital rises after reporting quarterly results