secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2022-10-14T23:59:59+00:00
Accession:  0001287032-22-000340
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000340/0001287032-22-000340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000340/psec-20221014.htm
  HTML page:      https://secwatch.observer/filing/0001287032-22-000340

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