OGphoto Prospect Capital (NASDAQ:PSEC) is a BDC. It invests in loans to small and midcap companies, generally first lien loans. It also has an investment in a private REIT and has some CLO investments as well (which is not particularly unusual for BDCs). First let’s talk about a negative article that came out around August 7th on PSEC common stock, and then I will explain why the negative article means little in regard to the bonds and why this article has created a great buying opportunity due to emoti ...