News

Prospect Capital Corporation Agrees to Acquire Nicholas Financial, Inc. in a $340 Million Transaction Pro Forma Earnings Accretive to Prospect

NEW YORK, NY - (Marketwired) - 12/18/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has entered into a definitive agreement to acquire 100% of the

Prospect Capital Invests $144.5 Million in 19 Yield-Producing Multifamily Residential Properties Totaling 5,652 Rental Units and 5.66 Million Rentable Square Feet

NEW YORK, NY - (Marketwired) - 12/13/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has recently invested $144.5 million in four new transactions encompassing 19

Prospect Capital Announces Completion of Accordion Feature for Its Revolving Credit Facility

NEW YORK, NY - (Marketwired) - 12/09/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "we") today announced that Prospect has increased total commitments to its five-year $650 million

Prospect Capital Announces 6.9% Increase in Net Income per Share for First Fiscal Quarter Over Prior Year First Fiscal Quarter

NEW YORK, NY - (Marketwired) - 11/04/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Company" or "Prospect") today announced financial results for our first fiscal quarter ended September 30, 2013.

Prospect Capital Declares Its 69th, 70th, and 71st Consecutive Cash Distributions to Shareholders, Exceeding $1.1 Billion in Cumulative Distributions to Shareholders Since 2004

NEW YORK, NY - (Marketwired) - 11/04/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has declared monthly cash distributions to shareholders in the following amounts

Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call

NEW YORK, NY - (Marketwired) - 10/25/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it expects to file with the Securities and Exchange Commission

Prospect Capital Announces Increase in Revolving Credit Facility Commitments

NEW YORK, NY - (Marketwired) - 10/03/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", or "we") today announced that Prospect has increased total commitments to its five-year $650 million

Prospect Capital Purchases $48.0 Million of Senior Secured Floating Rate Debt and Equity in Recapitalization of Mity Enterprises

NEW YORK, NY - (Marketwired) - 09/20/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has recapitalized Mity Enterprises, Inc. ("Mity" or the "Company") with $48.0

Prospect Capital Provides $75 Million of Floating-Rate Senior-Secured Financing for Recapitalization of American Broadband Communications

NEW YORK, NY - (Marketwired) - 09/12/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $75 million floating-rate senior-secured term loan to support

Prospect Capital Provides $50 Million of Floating-Rate Senior-Secured Financing to Leading Payments Processor and Supports Acquisition of Joule by System One

NEW YORK, NY - (Marketwired) - 09/09/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $50 million floating-rate senior-secured term loan to a

Prospect Capital Announces June 2013 Fiscal Year Net Investment Income (“NII”) of $1.57 per Share, Including $0.38 per Share in June 2013 Quarter, With Fiscal Year NII Exceeding $1.28 per Share of Paid Dividends and June Quarter NII Exceeding $0.33 per Share of Paid Dividends

NEW YORK, NY - (Marketwired) - 08/21/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") today announced financial results for our fourth fiscal quarter and fiscal year ended June 30,

Prospect Capital Declares Its 66th, 67th, and 68th Consecutive Cash Distributions to Shareholders, Exceeding $986 Million in Cumulative Distributions to Shareholders Since 2004

NEW YORK, NY - (Marketwired) - 08/21/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has declared monthly cash distributions to shareholders in the following amounts

Prospect Capital Schedules Fiscal Year Earnings Release and Corrected Conference Call Dial-In Number

NEW YORK, NY - (Marketwired) - 08/19/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Company") announced on August 13, 2013 that it expects to file with the Securities and Exchange

Prospect Capital Announces Increase in Revolving Credit Facility Commitments

NEW YORK, NY - (Marketwired) - 08/16/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", or "we") today announced that Prospect has increased total commitments to its five-year $650 million

Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call

NEW YORK, NY - (Marketwired) - 08/13/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Company") announced today that it expects to file with the Securities and Exchange Commission its report

Prospect Capital Provides $80.0 Million of Floating-Rate First-Lien Senior-Secured Debt for Recapitalization of Zicam

NEW YORK, NY - (Marketwired) - 08/12/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $80.0 million of floating-rate first-lien senior-secured loans and a

Prospect Capital Provides $94.0 Million for Recapitalization of CP Energy Services

NEW YORK, NY - (Marketwired) - 08/05/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $94.0 million in senior secured loans and equity for

Prospect Capital Provides $18.0 Million of Floating-Rate Secured Debt to Insight Equity Portfolio Company New Star Metals

NEW YORK, NY - (Marketwired) - 07/09/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect served as sole agent and provider of $18.0 million of incremental

Prospect Capital Provides Floating-Rate Senior-Secured Debt to Support Two Separate Private Equity Sponsor Recapitalizations, Achieving Nearly $800 Million in Originations for June 2013 Quarter

NEW YORK, NY - (Marketwired) - 07/08/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect recently served as sole agent and provider of floating-rate senior-secured financing

Prospect Capital Invests $76.5 Million in Yield-Producing South Florida Multi-Family Property

NEW YORK, NY - (Marketwired) - 06/27/13 - Prospect Capital Corporation (NASDAQ: PSEC)("Prospect") announced today that Prospect has closed on a $76.5 million investment in The Resort, a prominent

Prospect Capital Declares Four Additional Monthly Cash Dividends to Shareholders Through December 2013, Discloses Benefits From Rising Interest Rates, and Confirms 12.7% Current Dividend Yield

NEW YORK, NY - (Marketwired) - 06/17/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect's Board of Directors, after reviewing earnings expectations for the remainder of

Prospect Capital Announces $112 Million First-Lien Senior Secured Investment and Increases Current Quarter Net Investment Income Estimate to 31 to 35 Cents per Share, Providing a Current Stock Price Net Investment Income Yield of 12.2% to 13.8%

NEW YORK, NY - (Marketwired) - 06/12/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has increased its estimate of net investment income for the current

Prospect Capital Reports Sale of Wolf Energy Assets and Receipt of Net Profits Interest Cash Distribution for a Combined Gross $66 Million, Boosting Prospect’s Net Asset Value by Over $0.06 per Share and Reducing Prospect’s Non-Accrual Rate to 0.2%

NEW YORK, NY - (Marketwired) - 05/21/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect's portfolio company Wolf Energy Holdings, Inc. ("Wolf") has sold its oil

Prospect Capital Provides $150 Million in Financing to Support the Recapitalization of Arctic Glacier by H.I.G. Capital, Notching More Than $1.1 Billion in Originations to Date in Calendar Year 2013

NEW YORK, NY - (Marketwired) - 05/14/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $150 million senior secured term loan to support

Prospect Capital Grows Its Real Estate Yield Investment Business With Three New Investments

NEW YORK, NY - (Marketwired) - 05/13/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect recently closed three new multi-family residential real estate property investments aggregating

Prospect Capital Provides $60 Million Senior Secured Credit Facility to Sandow Media

NEW YORK, NY - (Marketwired) - 05/10/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $60 million senior secured credit facility to support

Prospect Capital Announces 90% Increase in Net Investment Income for First Three Fiscal Quarters Over Prior Year

NEW YORK, NY - (Marketwired) - 05/06/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Company" or "Prospect") today announced financial results for our third fiscal quarter ended March 31, 2013.

Prospect Capital Declares Its 58th, 59th, 60th, and 61st Consecutive Cash Distributions to Shareholders, Aggregating More Than $785 Million in Cumulative Distributions to Shareholders Since 2004

NEW YORK, NY - (Marketwired) - 05/06/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has declared monthly cash distributions to shareholders in the following amounts

Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call

NEW YORK, NY - (Marketwired) - 04/25/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it expects to file with the Securities and Exchange Commission

Prospect Capital Provides $34.4 Million of Senior Secured Debt to Support the Acquisition of Pegasus Financial Services by H.I.G. Capital

NEW YORK, NY - (Marketwired) - 04/23/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has served as sole agent and provider of $34.4 million in

Prospect Capital Provides $100 Million of Senior Secured Debt to Broder Bros. and Reaches Origination Record of Approximately $800 Million in March 2013 Quarter

NEW YORK, NY - (Marketwire) - 03/28/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $100 million of senior secured debt financing to support

Prospect Capital Provides $200 Million of First-Lien Senior Secured Debt to Support the Refinancing of a Logistics Services Company Controlled by H.I.G. Capital

NEW YORK, NY - (Marketwire) - 03/22/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect recently provided a $200 million first-lien senior secured credit facility to

Prospect Capital Provides $47 Million of Senior Secured Debt to Support the Acquisition of Atlantis Health Care Group (Puerto Rico), Inc. by ICV Partners

NEW YORK, NY - (Marketwire) - 03/20/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $47 million of senior secured first-lien debt financing to

Prospect Capital Corporation Prices Public Offering of $250 Million of 5.875% Senior Unsecured Notes Due 2023

NEW YORK, NY - (Marketwire) - 03/08/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it has priced an underwritten public offering of $250 million

Prospect Capital Provides a $70 Million Term Loan to Support the Recapitalization of Cinedigm

NEW YORK, NY - (Marketwire) - 03/04/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $70 million term loan to support the recapitalization

Prospect Capital Announces 55% Increase in Net Investment Income per Share and $0.12 Increase in Net Asset Value per Share for Second Fiscal Quarter Over Prior Year Second Fiscal Quarter

NEW YORK, NY - (Marketwire) - 02/07/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Company" or "Prospect") today announced financial results for our second fiscal quarter ended December 31, 2012.

Prospect Capital Declares Its 55th, 56th, and 57th Consecutive Cash Distributions to Shareholders, Representing More Than $675 Million in Cumulative Distributions to Shareholders Since 2004

NEW YORK, NY - (Marketwire) - 02/07/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has declared monthly cash distributions to shareholders in the following amounts

Prospect Capital Invests $25.2 Million to Recapitalize Nationwide Acceptance

NEW YORK, NY - (Marketwire) - 02/04/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of Nationwide Acceptance Corporation ("Nationwide") with $25.2

Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call

NEW YORK, NY - (Marketwire) - 01/31/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it expects to file with the Securities and Exchange Commission

Prospect Capital Expands Into Real Estate Yield Investments

NEW YORK, NY - (Marketwire) - 01/18/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has expanded its diversified yield investment business into the real estate

Prospect Capital Provides $27 Million of Secured Debt to Support the Acquisition of CHC Companies, Inc. by GTCR

NEW YORK, NY - (Marketwire) - 01/15/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $27 million of secured second-lien debt financing for CHC

Prospect Capital Provides $70 Million of Debt Financing to Ryan for Acquisition of Thomson Reuters Property Tax Services

NEW YORK, NY - (Marketwire) - 01/08/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $70 million of debt financing for the acquisition of

Prospect Capital Corporation Invests $43.5 Million to Recapitalize Credit Central

NEW YORK, NY - (Marketwire) - 01/07/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of the businesses of Credit Central Holdings,

Prospect Capital Invests $53 Million of Debt and Equity to Recapitalize Valley Electric

NEW YORK, NY - (Marketwire) - 01/04/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has funded a recapitalization of Valley Electric Company of Mt. Vernon,

Prospect Capital Announces Origination Records of More Than $2.25 Billion in 2012 and More Than $750 Million in December Quarter, Including $32 Million Senior Secured Loan to Support Acquisition of System One by MidOcean Partners

NEW YORK, NY - (Marketwire) - 01/03/13 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $32 million senior secured loan to support the

Prospect Capital Provides $30 Million Senior Secured Loan to Support the Recapitalization of Spartan Energy Services

NEW YORK, NY - (Marketwire) - 12/31/12 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $30 million first-lien senior secured loan to support

Prospect Capital Closes Private Offering of $200 Million of 5.875% 6.1-Year Unsecured Convertible Senior Notes

NEW YORK, NY - (Marketwire) - 12/21/12 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "Company") announced today that it has closed a private placement of 6.1-year unsecured 5.875%

Prospect Capital Invests $23.2 Million of Secured Debt for Recapitalization of Taco Bueno

NEW YORK, NY - (Marketwire) - 12/20/12 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $23.2 million of secured debt financing for the recapitalization

Prospect Capital Announces Increase in Revolving Credit Facility Commitments

NEW YORK, NY - (Marketwire) - 12/20/12 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "we") today announced that Prospect has increased total commitments to its five-year $650 million

Prospect Capital Provides $38.2 Million of Senior Secured Financing to Support Merger of Total Fleet Solutions and The Miner Corporation

NEW YORK, NY - (Marketwire) - 12/19/12 - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided a $38.2 million first-lien senior secured loan to support