---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-22-000283"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T13:52:32.175574+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital upsizes credit facility to $1.584B, extends maturity to 2027

## Summary
- Facility commitments increased to $1.584B from $1.500B; 44 lenders vs 43.
- Maturity extended to September 15, 2027; revolving period through Sep 15, 2026.
- Interest rate changes from LIBOR+2.05% to Term SOFR+2.05%.
- Accordion feature allows total commitments up to $2.000B at Prospect's discretion.
- Effective date September 15, 2022; existing promissory notes cancelled.

## SEC filing metadata
- accession: 0001287032-22-000283
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000283/0001287032-22-000283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000283/a20220907-psec8xkpcf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-22-000283
- JSON: https://secwatch.observer/filing/0001287032-22-000283.json
- Plain text: https://secwatch.observer/filing/0001287032-22-000283.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.