secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001287032-22-000376
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital Q1 NII $0.22/share; NAV drops to $10.01 on unrealized losses
-----------------------------------------------------------------------------

- Net investment income $99.3M ($0.22/share); total investment income $202.7M (+20% YoY).
- Net loss applicable to common $105.2M ($0.27/share) due to $168.5M unrealized losses; NAV fell to $10.01 from $10.48.
- Common distribution maintained at $0.06/month; since Oct 2017 NII $3.97 vs distributions $3.60 per share.
- Credit facility extended to Sep 2026; upsized to $1.68B; pricing SOFR+2.05%.
- Perpetual preferred issued $1.0B to date; $288M in Sep, $163M in Dec quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000376/0001287032-22-000376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703222000376/psec-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001287032-22-000376

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