PSEC – A Prospect Capital Fund

News

Prospect Capital Provides $15 Million in Financing to American Importing Company and Ann’s House of Nuts to Support Acquisitions by Gryphon Investors

NEW YORK, NY — (MARKET WIRE) — 11/16/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a senior subordinated debt investment of $15 million to

Prospect Capital Announces 26% Sequential Quarterly Increase in Net Investment Income and Reports Operating Results of 34 Cents per Share

NEW YORK, NY — (MARKET WIRE) — 11/09/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for our firstfiscal quarter ended September 30, 2010. For the

Prospect Capital Declares the 28th, 29th and 30th Consecutive Cash Distributions of the Company

NEW YORK, NY — (MARKET WIRE) — 11/08/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that Prospect has declared monthly cash distributions in the following amounts

Prospect Capital Invests $32.5 Million in Senior Secured Debt for Recapitalization of Manufacturer and Marketer of Branded Health and Fitness Equipment

NEW YORK, NY — (MARKET WIRE) — 10/12/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a senior secured debt investment of $32.5 million in

Prospect Capital Announces Increase in Revolving Credit Facility Commitments

NEW YORK, NY — (MARKET WIRE) — 09/09/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) today announced that Prospect has increased total commitments to Prospect’s three-year $300 million

Prospect Capital Announces 12.3% Year-Over-Year Increase in Net Investment Income for Fiscal Year Ended June 30, 2010, Plus an $0.18 per Share Quarterly Increase in Net Asset Value

NEW YORK, NY — (MARKET WIRE) — 08/30/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for our fourthfiscal quarter and fiscal year ended June 30,

Prospect Capital Declares the 26th and 27th Consecutive Cash Distributions of the Company

NEW YORK, NY — (MARKET WIRE) — 08/26/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that Prospect has declared monthly cash distributions in the following amounts

Prospect Capital Provides $21.5 Million Senior Facility for Northwestern Management Services, With Nearly $250 Million Now Invested by Prospect in 10 Transactions Since March 31, 2010

NEW YORK, NY — (MARKET WIRE) — 08/03/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has closed a $21.5 million senior secured credit facility for Northwestern

Prospect Capital Invests $52.4 Million of Debt and Equity in AIRMALL USA

NEW YORK, NY — (MARKET WIRE) — 08/02/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has invested $52.4 million of combined debt and equity in AIRMALL

Prospect Capital Provides $21 Million in Acquisition Financing to SonicWALL to Support Take-Private Transaction by Thoma Bravo and Teachers’ Private Capital

NEW YORK, NY — (MARKET WIRE) — 07/27/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a secured debt investment of $21 million in SonicWALL,

Prospect Capital Corporation Provides $38.0 Million Senior Secured Credit Facility for a Leading Marketing and Information Services Company

NEW YORK, NY — (MARKET WIRE) — 07/15/10 — Prospect Capital Corporation (NASDAQ: PSEC) announced today the closing of a $38.0 million first lien senior secured credit facility to support

Prospect Capital Provides $25.5 Million Senior Secured Credit Facility for EXL Acquisition Corp.

NEW YORK, NY — (MARKET WIRE) — 06/25/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has closed a $25.5 million senior secured credit facility for EXL

Prospect Capital Closes Additional Senior Secured Debt Investment, Announces Change From Quarterly to Monthly Cash Distributions to Shareholders, and Declares the 23rd, 24th, and 25th Consecutive Distributions of the Company

NEW YORK, NY — (MARKET WIRE) — 06/18/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that Prospect has made a senior secured investment of $6 million

Prospect Capital Announces Expanded Three-Year $300 Million Revolving Credit Facility

NEW YORK, NY — (MARKET WIRE) — 06/14/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that it has completed a first closing on an expanded three-year $300 million

Prospect Capital Makes $20 Million Secured Debt Investment in Hoffmaster

NEW YORK, NY — (MARKET WIRE) — 06/03/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a secured debt investment of $20 million in Hoffmaster,

Prospect Capital Provides $15 Million in Acquisition Financing for SkillSoft

NEW YORK, NY — (MARKET WIRE) — 05/27/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a debt investment of $15 million in senior notes

Prospect Capital Announces $20,000,000 Share Repurchase Plan

NEW YORK, NY — (MARKET WIRE) — 05/26/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Company,” “Prospect” or “we”) announced today that it intends to deliver notice to stockholders extending the

Prospect Capital Announces 12% Increase in Net Investment Income

NEW YORK, NY — (MARKET WIRE) — 05/10/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company,” “Prospect” or “we”) today announced financial results for itsthird fiscal quarter ended March 31, 2010. For

Prospect Capital Invests $12.3 Million in Secured Debt in Seaton Corp.

NEW YORK, NY — (MARKET WIRE) — 04/13/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has invested $12.3 million in secured debt in Seaton Corp. (“Seaton”),

Prospect Capital Makes $35 Million Secured Debt Investment in Shearer’s

NEW YORK, NY — (MARKET WIRE) — 04/05/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that on March 31 Prospect made a secured debt investment of $35 million

Prospect Capital Declares 22nd Consecutive Quarterly Cash Distribution Increase

NEW YORK, NY — (MARKET WIRE) — 03/18/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that it has declared a third fiscal quarter (for the fiscal

Prospect Terminates Solicitation Following Allied Capital’s Special Dividend

NEW YORK, NY — (MARKET WIRE) — 03/05/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) for weeks has stated that Prospect believes greater value could be achieved for shareholders of

Prospect Capital Corporation Makes Best and Final Offer for Allied as a Superior Proposal Compared to \

NEW YORK, NY — (MARKET WIRE) — 02/09/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) today sent to the Board of Directors of Allied CapitalCorporation (“Allied”) the letter set forth below:

Prospect Capital Announces 37% Increase in Net Investment Income

NEW YORK, NY — (MARKET WIRE) — 02/09/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company,” “Prospect” or “we”) today announced financial results for itssecond fiscal quarter ended December 31, 2009. For

Prospect Capital Files Preliminary Proxy Statement With SEC in Opposition to Ares\/Allied Merger as Part of Enhanced Bid for Allied Capital

NEW YORK, NY — (MARKET WIRE) — 02/01/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) on Friday, January 29, 2010 filed with the Securities and ExchangeCommission a preliminary proxy statement in

Prospect Capital Raises Bid for Allied Capital, Further Increasing Premium Over Ares Transaction

NEW YORK, NY — (MARKET WIRE) — 01/26/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has delivered a letter to the Board ofDirectors of Allied Capital Corporation

Prospect Capital Corporation Delivers Letter to Allied Capital Corporation

NEW YORK, NY — (MARKET WIRE) — 01/20/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has delivered a letter to the Board ofDirectors of Allied Capital Corporation

Prospect Capital Announces Corporate Investment Grade Rating From Standard & Poor’s, Further Increase in Prospect’s Investment Grade Revolving Credit Facility, and Completion of Patriot Capital Integration

NEW YORK, NY — (MARKET WIRE) — 01/06/10 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect” or “Company”) today announced that Prospect hasreceived an investment grade long-term counterparty credit rating of BBBfrom

Prospect Capital Declares 21st Consecutive Quarterly Cash Distribution Increase

NEW YORK, NY — (MARKET WIRE) — 12/17/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect” or “Company”) announced today that it has declared a secondfiscal quarter (for the fiscal year ending

Prospect Capital Corporation Closes Acquisition of Patriot Capital

NEW YORK, NY — (MARKET WIRE) — 12/02/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect,” “we,” “us” or “our”) announced today that it has completed theacquisition of Patriot Capital Funding, Inc.

Prospect Capital Announces Results for Quarter Ended September 30, 2009

NEW YORK, NY — (MARKET WIRE) — 11/09/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company,” “Prospect” or “we”) today announced financial results for itsfirst fiscal quarter ended September 30, 2009. For

Prospect Capital Announces Increase in Revolving Credit Facility

NEW YORK, NY — (MARKET WIRE) — 09/29/09 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect” or “Company”) today announced that Prospect hasincreased total commitments to Prospect’s revolving credit facility (the”Facility”) to

Prospect Capital Declares 20th Consecutive Quarterly Cash Distribution Increase

NEW YORK, NY — (MARKET WIRE) — 09/28/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect” or “Company”) announced today that it has declared a firstfiscal quarter (for the fiscal year ending

Prospect Capital Announces 31% Year-Over-Year Increase in Net Investment Income for Fiscal Year Ended June 30, 2009

NEW YORK, NY — (MARKET WIRE) — 09/14/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for its fourthfiscal quarter and fiscal year ended June 30,

Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call

NEW YORK, NY — (MARKET WIRE) — 09/10/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“we”, “us” or “our”) announced today that it expects to file with theSecurities and Exchange Commission its

Prospect Capital Announces Repayment of $3.15M Senior Term Loan to C&J Cladding, Producing a 19% Realized Cash-on-Cash IRR

NEW YORK, NY — (MARKET WIRE) — 09/09/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that C&J Cladding LLC (“C&J”) has repaid toProspect the full remaining balance of its

Prospect Capital Announces Full Repayment of $20 Million Subordinated Term Loan to PMFG, Producing a 19% Realized Cash-on-Cash IRR

NEW YORK, NY — (MARKET WIRE) — 09/08/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that PMFG, Inc. (“PMFG”), parent of PeerlessMfg. Co., has repaid to Prospect the entire

Prospect Capital Agrees to Acquire Patriot Capital for $197 Million, or 54% of Equity Book Value

NEW YORK, NY — (MARKET WIRE) — 08/03/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has entered into a definitiveagreement to acquire Patriot Capital Funding, Inc. (NASDAQ:

Prospect Capital Corporation Prices Upsized Public Offering of Common Stock

NEW YORK, NY — (MARKET WIRE) — 06/30/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced that it has priced its public offering of 4,500,000shares of common stock at $9.00 per

Prospect Capital Corporation Announces Commencement of Public Offering of 4,000,000 Shares of Common Stock

NEW YORK, NY — (MARKET WIRE) — 06/30/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) today announced the commencement of a public offering of4,000,000 shares of its common stock. Prospect also

Prospect Capital Announces First Closing on Expanded $250 Million Revolving Credit Facility

NEW YORK, NY — (MARKET WIRE) — 06/25/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has completed a first closing on anexpanded $250 million revolving credit facility

Prospect Capital Declares 19th Consecutive Quarterly Dividend Increase, Representing a 17.9% Current Dividend Yield

NEW YORK, NY — (MARKET WIRE) — 06/23/09 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect” or “Company”) announced today that it hasdeclared a fourth fiscal quarter (for the fiscal year ending

Prospect Capital Corporation Announces Commencement of Public Offering of 5,000,000 Shares of Common Stock

NEW YORK, NY — (MARKET WIRE) — 05/18/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) today announced the commencement of a public offering of5,000,000 shares of its common stock, par value

Prospect Capital Announces Results for Quarter Ended March 31, 2009

NEW YORK, NY — (MARKET WIRE) — 05/11/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for its thirdfiscal quarter and the nine months ended March

Prospect Capital Corporation Prices Public Offering of Common Stock

NEW YORK, NY — (MARKET WIRE) — 04/22/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced that it has priced its public offering of 3.2million shares of common stock at $7.75

Prospect Capital Corporation Announces Updated Guidance for the Quarter Ending March 31, 2009

NEW YORK, NY — (MARKET WIRE) — 04/21/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) today announced updated guidance for the quarter ending March31, 2009. Prospect’s Board of Directors determines the

Prospect Capital Declares 18th Consecutive Quarterly Dividend Increase, Representing a 17.5% Current Dividend Yield

NEW YORK, NY — (MARKET WIRE) — 03/24/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect” or “Company”) announced today that it has declared a thirdfiscal quarter (for the fiscal year ending

Prospect Capital Announces Results for Quarter Ended December 31, 2008

NEW YORK, NY — (MARKET WIRE) — 02/10/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for its secondfiscal quarter and the six months ended December

Prospect Capital Announces 17% Realized Cash on Cash IRR Monetization of Diamondback Operating, LP

NEW YORK, NY — (MARKET WIRE) — 01/26/09 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that Diamondback Operating, LP (“Diamondback”)has repaid Prospect’s $9.2 million loan in full from the

Prospect Capital Declares 17th Consecutive Quarterly Dividend Increase, Representing a 14.6% Current Dividend Yield

NEW YORK, NY — (MARKET WIRE) — 12/19/08 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect” or “Company”) announced today that it has declared a secondfiscal quarter (for the fiscal year ending