Prospect Capital Corp. has provided a $150 million loan to support the recap of Arctic Glacier by H.I.G. Capital. Last year, H.I.G. acquired a controlling stake in Arctic Glacier, which produces and distributes packaged ice to consumers in the U.S. and Canada.
PRESS RELEASE
NEW YORK, NY–(Marketwired – May 14, 2013) – Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has provided a $150 million senior secured term loan to support the recapitalization of Arctic Glacier, Inc.
