---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-22-000340"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2022-10-14T23:59:59+00:00"
generated_at: "2026-06-23T03:29:53.530388+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital increases revolving credit facility commitments to $1.662B from 47 banks

## Summary
- Total commitments raised to $1.662 billion; expanded bank group now includes 47 lenders.
- Facility matures September 15, 2027; revolving period extends through September 15, 2026.
- Interest rate on drawn amounts changed from 1M LIBOR+2.05% to 1M Term SOFR+2.05%.
- Accordion feature allows Prospect to increase commitments up to $2.0 billion at its discretion.

## SEC filing metadata
- accession: 0001287032-22-000340
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2022-10-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000340/0001287032-22-000340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000340/psec-20221014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-22-000340
- JSON: https://secwatch.observer/filing/0001287032-22-000340.json
- Plain text: https://secwatch.observer/filing/0001287032-22-000340.txt

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