Prospect Capital Corporation files regulatory reports that document its business development company structure, investment results, distribution policy and capital structure. Form 8-K filings cover quarterly results releases, Regulation FD distribution announcements, material agreements and financing activity involving common stock, preferred stock series and senior unsecured notes.
Proxy statements and shareholder-meeting filings describe voting matters for common and preferred stockholders, governance procedures and meeting mechanics. Prospect Capital filings also document preferred stock offering arrangements, dealer manager agreements, equity distribution agreements, dividend declarations and the security terms associated with its debt and preferred equity instruments.
Prospect Capital Corporation has filed Post-Effective Amendment No. 101 to its Registration Statement (File No. 333-269714) as a business development company and well-known seasoned issuer. The filing is made pursuant to Rule 462(d) under the Securities Act of 1933.
Key aspects of this filing include:
- Filed solely to update exhibits to the Registration Statement
- Becomes effective immediately upon filing with SEC
- Incorporates financial statements including consolidated statements through December 31, 2022
- Contains numerous supplemental indentures related to various Prospect Capital InterNotes® with different interest rates and maturities
This administrative filing maintains Prospect Capital's registration status and ability to offer securities on a continuous basis. The company operates from its headquarters at 10 East 40th Street in New York, with John F. Barry III and Kristin L. Van Dask serving as key contacts. The filing demonstrates Prospect Capital's ongoing capital markets activity and maintenance of its regulated status as a business development company.
Prospect Capital CEO John F. Barry III has significantly increased his position in the company through a purchase of 319,000 shares at $3.1619 per share on June 23, 2025, representing a total investment of approximately $1,008,646.
Following this transaction, Barry's direct ownership stands at 83,585,025 shares, with an additional 356,082 shares held indirectly through his spouse. As a Director, CEO, and 10% Owner, this insider purchase demonstrates significant confidence in the company's prospects.
Key position details:
- Transaction Type: Direct Purchase
- Role: Chief Executive Officer, Director, and 10% Owner
- Total Direct Holdings: 83.59M shares
- Total Indirect Holdings: 356K shares (via spouse)
Prospect Capital Corporation (PSEC) CEO and Director John F. Barry III reported a significant insider purchase of 623,300 shares at $3.1907 per share on June 20, 2025, representing a total investment of approximately $1.99 million.
Following this transaction, Barry's direct ownership increased to 83,266,025.755 shares. He also holds indirect beneficial ownership of 356,082.654 shares through his spouse. As indicated in the filing, Barry serves multiple roles including Director, CEO, and is classified as a 10% owner of the company.
This substantial insider purchase by the CEO could signal management's confidence in the company's future prospects. The transaction was reported within the required filing deadline, with the Form 4 being signed on June 23, 2025.
Prospect Capital Corporation has announced new InterNotes® offerings with three different maturities and attractive yields:
- 7.500% Notes due 2028 (CUSIP: 74348GV64)
- 7.750% Notes due 2030 (CUSIP: 74348GV72)
- 8.000% Notes due 2032 (CUSIP: 74348GV80)
All notes will be issued at 100% of face value with semi-annual interest payments starting January 15, 2026. The notes include a Survivor's Option and are callable from January 15, 2026. Key features include $1,000 minimum denominations and DTC book-entry settlement.
Recent developments: The company completed a tender offer for its 3.706% 2026 Notes, purchasing $135.7 million and redeeming the remaining $207.2 million. Additionally, Prospect sold Subordinated Structured Notes worth $292.6 million for proceeds of $70.7 million between May-June 2025.
Prospect Capital Corporation has announced new InterNotes offerings with three tranches of fixed-rate unsecured notes:
- 2028 Notes: $440,000 at 7.500% coupon
- 2030 Notes: $62,000 at 7.750% coupon
- 2032 Notes: $147,000 at 8.000% coupon
All notes are callable from December 15, 2025, with semi-annual interest payments and include a Survivor's Option. The company recently completed significant debt management actions, including a tender offer for $342.9M of 3.706% Notes due 2026, of which $135.7M was tendered. The remaining 2026 Notes were redeemed on June 18, 2025. Additionally, the company sold Subordinated Structured Notes worth $292.6M for proceeds of $70.7M during May-June 2025.
Key Terms: $1,000 minimum denomination, settlement date June 26, 2025, all notes are DTC eligible and rank as unsecured obligations.
Prospect Capital Corporation has filed Post-Effective Amendment No. 100 to its Registration Statement (File No. 333-269714) on Form N-2. This filing is made pursuant to Rule 462(d) under the Securities Act of 1933 and serves solely to file additional exhibits to the Registration Statement.
Key characteristics of the filing:
- The company is registered as a Business Development Company (BDC) under the Investment Company Act
- Qualifies as a Well-Known Seasoned Issuer
- Securities will be offered on a delayed or continuous basis under Rule 415
- Filing incorporates financial statements including consolidated statements of assets and liabilities, operations, changes in net assets, and cash flows for fiscal years 2020-2022
This amendment becomes effective immediately upon filing and does not modify any other parts of the Registration Statement beyond adding exhibits. The filing includes comprehensive documentation of various supplemental indentures related to the company's InterNote® offerings and other debt securities.