Prospect Capital Corporation

Prospect Capital Corporation is a business development company. It specializes in middle market mature mezzanine finance later stage emerging growth leveraged buyouts refinancing acquisitions recapitalizations turnaround growth capital development capital expenditures and subordinated debt tranches of collateralized loan obligations cash flow term loans market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt senior debt senior and secured term loans unitranche debt first-lien and second lien private debt private equity mezzanine debt and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors acquisitions dividend recapitalizations growth financings bridge loans cash flow term loans real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense chemicals conglomerate services consumer services ecological electronics financial services machinery manufacturing media pharmaceuticals retail software specialty minerals textiles and leather transportation oil and gas production coal production materials industrials consumer discretionary information technology utilities pipeline storage power generation and distribution renewable and clean energy oilfield services healthcare food and beverage education business services and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million sales value betw