Group 1 - Prospect Capital Corporation (NASDAQ:PSEC) has made an $18 million investment in The Ridge, a physician-led addiction treatment facility [1][2][3] - The investment includes a first lien senior secured term loan and equity investment, aimed at supporting The Ridge's growth in the high-end substance abuse market [2][3] - The Ridge offers a range of services from detoxification to outpatient care, integrating clinical treatments with holistic therapies [2] Group 2 - Wells Fargo analyst Finian O'Shea has reiterated a Sell rating on Prospect Capital, maintaining a price target of $2.5 [4] - The company's net debt to total assets ratio stands at 30.4%, indicating a relatively high level of leverage [4] - Prospect Capital is strategically exiting its real estate investments, which yield 4.5%, impacting income from this segment [4] - Despite challenges, Prospect has diversified its funding strategy with $12.2 billion of commitments from 48 banks as of Q2 FY2025 [4] Group 3 - Prospect Capital Corporation is a business development company focused on lending to and investing in private businesses, generating current income and long-term capital appreciation [5]