secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2026-08-20T21:33:21+00:00
Accession:  0001287032-26-000270
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital Q4 FY26 net loss $38.1M, NAV per share $5.71, Valley Electric sale closed
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- NII $77.7M, down 1.7% YoY; net loss applicable to common $38.1M (EPS -$0.08) vs -$50.4M (EPS -$0.50) prior year.
- NAV per common share $5.71 at 6/30/26, down from $6.56 a year ago; net-of-cash debt to assets 28.6%.
- Valley Electric sale closed 7/1/26 for ~$328M, net proceeds ~$281M, 20.5% IRR, 4.8x MOIC.
- Declared monthly distributions of $0.035/share for Sept & Oct 2026; cumulative distributions $22.14/share.
- Non-accrual loans rose to 0.7% of assets vs 0.3% prior year; first lien loans now 72.5% of portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000270/0001287032-26-000270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000270/psec-20260820.htm
  HTML page:      https://secwatch.observer/filing/0001287032-26-000270

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