# Prospect Capital Corporation (NASDAQ: PSEC)

Prospect Capital Corporation (NASDAQ: PSEC) is a publicly-traded, closed-end Business Development Company (BDC) regulated under the Investment Company Act of 1940. PSEC makes debt and equity investments in U.S. middle market businesses across 31 industries, with a focus on generating current income and long-term capital appreciation for shareholders. PSEC is among the oldest and largest BDCs and has paid continuous regular dividends since its 2004 IPO.

## About

Prospect Capital Corporation is managed by Prospect Capital Management L.P. and is headquartered at 10 East 40th Street, 42nd Floor, New York, NY 10016. Phone: (212) 448-0702. The company has been public since 2004 and its leadership team has worked together for over 26 years. PSEC's investment objective is to generate both current income and long-term capital appreciation through debt and equity investments in the U.S. middle market and lower middle market companies. The company's 130 employees manage $6.4B.

## Investment Focus

- First-lien and second-lien senior secured loans to U.S. middle-market and lower middle-market companies
- Equity investments often alongside loan positions, private equity
- Multi-family real estate offering value-add or repositioning potential
- Capital for leveraged buyouts, acquisitions, recapitalizations, growth investments, capital expenditures, and refinancings
- Solutions for independent sponsors in private equity and debt
- Structured Credit investor of collateralized loan obligations

## Portfolio

- 89 portfolio companies across 31 separate industries
- 84% of investment assets in senior secured / first lien loans
- Portfolio weighted towards non-cyclical, defensive industries
- 39-year investment history (PSEC and predecessors/affiliates)
- Cumulatively made over 450 investments totaling over $22 billion of capital

## Capital Solutions For

- Independent sponsors
- Smaller private equity sponsors (under $500M)
- Larger private equity sponsors (over $500M)
- Operating executives, management teams, family offices, founders

## Borrower and Credit Focus

- Stable operating history
- Strong market and competitive position
- Experienced management teams
- Asset-light and asset-heavy businesses
- Diverse customer and supplier bases
- Broad industry focus

## Why Invest in Prospect Capital

- Attractive Dividend Yield
- Focus on Senior and Secured Lending
- Proven Origination Strategies
- Dividend Reinvestment Plan
- Broad Investment Portfolio
- Large and Experienced Team
- Conservative, Strong Capitalization
- Direct Stock Purchase Plan

## Key Pages

- About: https://www.prospectstreet.com/about-prospect
- What is a BDC?: https://www.prospectstreet.com/about-prospect/what-is-a-bdc
- Why Invest in Prospect?: https://www.prospectstreet.com/about-prospect/why-invest-in-prospect
- Investor Relations: https://www.prospectstreet.com/investors
- SEC Filings: https://www.prospectstreet.com/sec-filings
- Common Stock Dividends: https://www.prospectstreet.com/investors/common-stock-dividends
- Portfolio Overview: https://www.prospectstreet.com/portfolio
- Middle Market Lending: https://www.prospectstreet.com/capital-solutions/middle-market-and-lower-middle-market-lending
- Solutions for Independent Sponsors: https://www.prospectstreet.com/capital-solutions/solutions-for-independent-sponsors
- News: https://www.prospectstreet.com/news
- FAQs: https://www.prospectstreet.com/about-prospect/faqs
- Contact: https://www.prospectstreet.com/contact
- Independent Sponsors FAQ: https://www.prospectstreet.com/independent-sponsors-faq/

## Key Facts

- Ticker: NASDAQ: PSEC
- Type: Publicly-traded Business Development Company (BDC)
- Registered under: Investment Company Act of 1940
- IPO: 2004
- EDGAR CIK: 0001287032
- Managed by: Prospect Capital Management L.P.
- Headquarters: 10 East 40th Street, 42nd Floor, New York, NY 10016
- Chairman & CEO: John Francis Barry III