Ranking Profile - Prospect Capital Corp

Introduction

Prospect Capital Corp (PSEC) is a business development company that lends to and invests in private businesses. The company provides private debt and equity capital to sponsor-owned and non-sponsor-owned middle-market companies for refinancing, acquisitions, capital expenditures, later-stage growth investments, leveraged buyouts, and also recapitalization. PSEC invests through nine origination strategies. Its key portfolio is spread across various sectors such as manufacturing, energy, industrials, financial services, business services, healthcare, food and media sectors. The company also invests in high-income-producing strategies such as collateralized loan obligations, multi-family real estate, and marketplace lending. The company also has its operation spread across the Canadian region. PSEC is headquartered in New York City, New York, the US.