---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-22-000300"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2022-09-13T23:59:59+00:00"
generated_at: "2026-06-23T09:56:17.181656+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital upsizes credit facility to $1.634B, extends term to 2027

## Summary
- Total commitments increased by $50M to $1.634B, effective Sep 15, 2022.
- Facility term extended five years to Sep 15, 2027; revolving period to Sep 15, 2026.
- Interest rate changed from LIBOR+2.05% to Term SOFR+2.05%.
- Accordion feature increased to allow up to $2.0B in total commitments.
- Expanded bank group to 45 institutions.

## SEC filing metadata
- accession: 0001287032-22-000300
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2022-09-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000300/0001287032-22-000300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000300/a20220912-psec8xkpcf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-22-000300
- JSON: https://secwatch.observer/filing/0001287032-22-000300.json
- Plain text: https://secwatch.observer/filing/0001287032-22-000300.txt

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