NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") closed $764 million of new investments during its fiscal year ended June 30, 2024, investing in 38 new and existing portfolio companies. 91% of PSEC's originations during fiscal year 2024 were first lien, senior secured loans. Selected investments in both new and existing portfolio companies during fiscal year 2024 include: $56 million of first lien loans to refinance the debt of a provider of clinical trial ...

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") extended and increased total commitments for its revolving credit facility (the "Facility") for Prospect Capital Funding LLC, a GAAP consolidated subsidiary of Prospect, with the most recent upsize in the quarter ended September 30, 2024. Facility commitments currently aggregate $2.1215 billion from a group of 48 banks (with a combined asset base of over $7.5 trillion), which Prospect considers the largest n ...

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced Prospect has surpassed its 20th anniversary as one of the largest ($7.9 billion in total assets as of the recently completed fiscal year end) and longest running publicly traded business development companies ("BDCs"). Prospect during its history has invested over $20 billion with more than 300 portfolio company exits. Founded in 2004, Prospect is one of the few BDCs established prior to the Global ...

Editor's note: Seeking Alpha is proud to welcome Steve Richter as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Steve has over 30 years of experience as a financial analyst. The majority of his career has been spent as a credit analyst and then credit executive for various large banks and he spent a few years as a buy-side analyst, specializing in pro ...

Prospect Capital Corporation (NASDAQ:PSEC) Q4 2024 Earnings Conference Call August 29, 2024 9:00 AM ET Company Participants John Barry - Chairman and Chief Executive Officer Kristin Van Dask - Chief Financial Officer Grier Eliasek - President and Chief Operating Officer Conference Call Participants Finian O'Shea - Wells Fargo Securities Operator Good day, and welcome to the Prospect Capital Fourth Quarter Fiscal Year 2024 Earnings Release and Conference Call. [Operator Instructions] Please note this event i ...

Exhibit 99.1 th Prospect Capital Announces June 2024 Financial Results and Declares 86 Consecutive $0.06 Dividend NEW YORK, August 28, 2024 (GLOBE NEWSWIRE) – Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", "our", or "we") today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024. th Prospect Capital Corporation celebrates its 20 anniversary as a leading provider of private debt and equity to U.S. middle-market companies • Long History and Large Scale: Prospect is ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-00659 PROSPECT CAPITAL CORPORATION (Exact name of Registrant as specified in its charter) Maryland 43-2048643 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", "our", or "we") today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024. All amounts in $000's except per share amounts (on weighted average basis for period numbers) Prospect Capital Corporation celebrates its 20th anniversary as a leading provider of private debt and equity to U.S. middle-market companies Long History and Large Scale: Prospect is one of the largest ($7. ...

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the "Company") today announced it expects to file with the Securities and Exchange Commission its report on Form 10-K containing results for the fiscal year ended June 30, 2024 and to issue its earnings press release Wednesday, August 28, 2024 after the close of the markets. The Company will host a conference call on Thursday, August 29, 2024 at 9:00 a.m. Eastern Time. The conference call dial-in number will be 888-338- ...

AntonioSolano/iStock via Getty Images I previously covered Prosect Capital (NASDAQ:PSEC) back in March and downgraded my rating to a hold due to the BDC's growing vulnerabilities surrounded the prolonged period of elevated interest rates. I wanted to revisit the business development company after its most recent earnings and reassess valuation based on the performance and growth of its net assets. I also wanted to provide some thoughts as I believe that the possibility of interest rate cuts are higher now. ...