secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0001287032-22-000300
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000300/0001287032-22-000300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000300/a20220912-psec8xkpcf.htm
  HTML page:      https://secwatch.observer/filing/0001287032-22-000300

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer