Prospect Capital Highlights Shift to First-Lien Lending, Now 71.5% of Portfolio

• Prospect Capital's investor presentation outlined a shift toward first-lien lending, which reached 71.5% of its portfolio, up 740 basis points since June 2024.
• Assets totaled $6 billion; non-accrual loans represented 0.2% of total assets at fair value.
• Debt-to-total-capital stood at 26%, with $1.9 billion in undrawn revolver commitments and cash.
• A $300 million five-year unsecured institutional bond offering was completed in October 2026.
• The Valley Electric exit generated $281 million in net proceeds, delivering a 20.5% realized gross internal rate of return.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prospect Capital Corporation published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.