secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001287032-24-000282
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital FY2024 NII $1.02/shr, NAV drops to $8.74 from $9.24; maintains $0.06 dividend
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- FY2024 NII of $419.8M ($1.02/shr) vs $420.9M ($1.06/shr) prior year; Q4 NII $102.9M ($0.25/shr).
- FY2024 net income applicable to common $147.4M ($0.36/shr) vs $(172.5M) loss prior year; Q4 net loss $(9.05M).
- NAV per common share fell to $8.74 at 6/30/2024 from $9.24 a year ago and $8.99 at 3/31/2024.
- Credit facility extended and upsized to $2.1B commitments from 48 banks with 5-year maturity at SOFR+2.05%.
- Declared 86th consecutive $0.06 monthly common dividend for Sept/Oct 2024; preferred dividends also declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703224000282/0001287032-24-000282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703224000282/psec-20240828.htm
  HTML page:      https://secwatch.observer/filing/0001287032-24-000282

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