Gary informs us in the comments that the PBY 6.25% baby bonds were redeemed 6/15/2021. I have updated data below to reflect the redemption.
Business Development Company Prospect Capital (PSEC) has announced a new issuance of preferred stock.
Prospect has 1 issue of baby bonds outstanding becoming callable in December.
These shares probably will be rated high junk by Standard and Poor’s and Moody’s–I’m guessing maybe BB by S&P.
J was on top of this one.