Prospect Capital Corporation

Up to 5,882,351 Shares of its Outstanding
5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
(CUSIP No. 74348T 565)

The Tender Offer (as defined herein) will expire at 5:00 p.m., New York City time, on November 29, 2023, or any other date and time to which the Company (as defined herein) extends the Tender Offer (such date and time, as it may be extended, the “Expiration Date”), unless earlier terminated, in the Company’s sole discretion. You must validly tender your Shares (as defined herein) at or prior to the Expiration Date to be eligible to receive the Purchase Price (as defined herein) for such Shares. The Purchase Price will be payable in cash. Tendered Shares may be validly withdrawn from the Tender Offer at or prior to 5:00 p.m., New York City time, on November 29, 2023, unless extended or earlier terminated by the Company. The Tender Offer is subject to the satisfaction or waiver of certain conditions as set forth under the heading “The Tender Offer–Conditions to the Tender Offer.”

Title of Security CUSIP / ISIN Nos. Outstanding Number of Shares Aggregate Number of Shares Sought

5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock

74348T 565 / US74348T5653

5,882,351

5,882,351

To view copies of the Tender Offer documents please click on the links below

Offer to Purchase

Press Release


CONTACT INFORMATION

Holders who have questions regarding the Tender Offer or wish to obtain documents, may contact the Information and Tender Agent at the address and facsimile or telephone numbers provided below.

Requests for information in relation to the procedures for tendering Notes in the Tender Offer or for additional copies of this Offer to Purchase or related documents should be directed to:

              THE INFORMATION AND TENDER AGENT

D.F. KING & CO., INC.

48 Wall Street, 22nd Floor
New York, NY 10005
Attention: Michael Horthman

Banks and Brokers call: (212) 269-5550
Toll Free: (866) 388-7452
Email: psec@dfking.com

By Facsimile Transmission:
(or Eligible Institutions only)
(212) 709-3328
For Confirmation:
(212) 232-3233
Attention: Michael Horthman