Prospect Capital Corporation (PSEC)

NASDAQ: PSEC · IEX Real-Time Price · USD
5.52
+0.03 (0.55%)
At close: Mar 28, 2024, 4:00 PM
5.53
+0.01 (0.09%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Company Description

Prospect Capital Corporation is a business development company.

It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions.

It also makes real estate investments particularly in multi-family residential real estate asset class.

The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses.

It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments.

It also focuses on investing in small-sized and medium-sized private companies rather than large public companies.

The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors.

It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors.

It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value betw

Prospect Capital Corporation
Prospect Capital logo
Country United States
IPO Date Jul 27, 2004
Industry Asset Management
Sector Financials
CEO John Francis Barry III, J.D.

Contact Details

Address:
10 East 40th Street 44th Fl
New York, New York 10016
United States
Phone 212-448-0702
Website prospectstreet.com

Stock Details

Ticker Symbol PSEC
Exchange NASDAQ
Fiscal Year July - June
Reporting Currency USD
CIK Code 0001287032
CUSIP Number 74348T102
ISIN Number US74348T1025
Employer ID 43-2048643

Key Executives

Name Position
John Francis Barry III, J.D. Chairman of the Board and Chief Executive Officer
Michael Grier Eliasek President, Chief Operating Officer and Director
Kristin Lea Van Dask CPA Chief Financial Officer, Treasurer, Secretary and Chief Compliance Officer
Alexandra Krasinets CPA Vice President of Accounting
Al Faella Chief Technology Officer
Daria Becker Head of Administration
Jonathan Jung-Hsi Li Chief Compliance Officer and Deputy General Counsel
Trisha Blackman Senior Vice President of Administration, Head of Human Resources and Deputy Chief Compliance Officer
Bart J. deBie J.D. Managing Director
David L. Belzer Managing Director

Latest SEC Filings

Date Type Title
Mar 28, 2024 POS EX Filing
Mar 25, 2024 424B2 Prospectus
Mar 25, 2024 424B2 Prospectus
Mar 22, 2024 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Mar 21, 2024 POS EX Filing
Mar 18, 2024 424B2 Prospectus
Mar 18, 2024 424B2 Prospectus
Mar 14, 2024 POS EX Filing
Mar 12, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 12, 2024 DEF 14A Other definitive proxy statements