secwatch / observer
8-K filed February 11, 2026, 6:59 PM ET ticker PSEC CIK 0001287032
other material confidence high sentiment positive materiality 0.70

Prospect Capital increases preferred stock offering size to $2.65B via dealer manager amendment

PROSPECT CAPITAL CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PROSPECT CAPITAL CORP amended Amended and Restated Dealer Manager Agreement with Preferred Capital Securities, LLC valued at increased from $2,250,000,000 in aggregate liquidation preference of Preferred Stock to $2,646,457,5 (effective 2026-02-10).

Action
amendment
Counterparty
Preferred Capital Securities, LLC
Value
increased from $2,250,000,000 in aggregate liquidation preference of Preferred Stock to $2,646,457,5
Effective
2026-02-10
Exact text from the filing
On February 10, 2026, Prospect Capital Corporation (the “Company”) entered into an amendment (the “Amendment”) to the Amended and Restated Dealer Manager Agreement, dated February 25, 2021, with Preferred Capital Securities, LLC (the “Dealer Manager”) (the “Dealer Manager Agreement”), pursuant to which the Dealer Manager has agreed to serve as the Company’s agent and dealer manager for the Company’s offering of up to 90,000,000 shares, par value $0.001 per share, of preferred stock (the “Preferred Stock”), including any combination of its 5.50% Series A1 Preferred Stock, 5.50% Series M1 Preferred Stock, 5.50% Series M2 Preferred Stock, 6.50% Series A3 Preferred Stock, 6.50% Series M3 Preferred Stock, Floating Rate Series A4 Preferred Stock, Floating Rate Series M4 Preferred Stock, 7.50% Series A5 Preferred Stock and 7.50% Series M5 Preferred Stock, each with a liquidation preference of $25.00 per share.
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PROSPECT CAPITAL CORP filing history →

Source: SEC EDGAR
accession 0001287032-26-000067
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