Prospect Capital Corporation
07/03/2024 | Press release | Distributed by Public on 07/03/2024 14:58
Material Event Form 8 K
Item 8.01. Other Events.
On June 28, 2024, Prospect Capital Corporation ("Prospect") entered into an extension and upsizing of the revolving credit facility (the "Facility") for Prospect Capital Funding LLC ("PCF"), a GAAP consolidated and non-recourse subsidiary of Prospect, which extends the term of the Facility five years and the revolving period to four years from such date.
The Facility has $2.0665 billion of commitments, will mature on June 28, 2029, and includes a revolving period that extends through June 28, 2028, followed by an additional one-year amortization period.
A copy of the Second Amendment to the Seventh Amended and Restated Loan and Servicing Agreement related to the events described above is attached as Exhibit 10.1 and is incorporated in this report by reference.
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