PROSPECT CAPITAL CORP (PSEC)

Company Profile

Prospect Capital Corp., a traded business development company invests in middle market companies located in the United States. The company is headquartered in New York City, New York. The company went IPO on 2004-07-27. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated secured debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. The company invests primarily in first and second lien secured loans and unsecured debt, which in some cases includes an equity component. The company invests in debt and equity positions of structured credit, which are a form of securitization in which the cash flows of a portfolio of loans are pooled and passed on to different classes of owners in various tranches. The company may also acquire controlling interests in companies in conjunction with making secured debt investments in such companies. Its investment adviser is Prospect Capital Management L.P.

Company Info

PROSPECT CAPITAL CORP

10 E 40th St Fl 44

New York City NEW YORK 10016

P: 12124480702

CEO: John F. Barry

Employees: 0

Website: https://www.prospectstreet.com/