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-0.000958772770853287 -0.000939597315436266 -0.000517737296260772 9.58772770852776E-05 0.000556088207094815 0 -0.000939597315436266 0.000958772770853287
Stock impact report

Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments

Prospect Capital Corporation - Closed End Fund (PSEC) 
Last prospect capital corporation - closed end fund earnings: 2/10 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ww2.prospectstreet.com
Company Research Source: GlobeNewswire
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 number of lenders to any business development company’s credit facility. The Facility includes an accordion feature allowing aggregate commitments to be increased up to $2.25 billion. The Facility term comprises five years from the initial closing, with a maturity of June 28, 2029. The Facility has a revolving period of four years from the initial closing, extending through June 28, 2028 and followed by an additional one-year amortization period. "Prospect Capital is pleased to Show less Read more
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