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MARKETING MATERIALS
FUND FORMS

Prospect Capital Convertible Preferred Stock

Overview

Founded in 2004, Prospect Capital Corporation (NASDAQ: PSEC) is a $7.9B company that is a leading provider of private debt and private equity to middle-market companies in the United States.

THE OFFERING

Prospect Capital Convertible Preferred Stock Offering


OFFERING PRICE

$25 per share


MINIMUM INVESTMENT

$5,000


OFFERING SIZE

$1.8 Billion


DIVIDEND RATE

6.5% Cumulative Annualized Dividend, intended to be paid monthly.*
*Dividends are not guaranteed and subject to approval by the Board of Directors


DIVIDEND REINVESTMENT PLAN

May reinvest Dividends at a 5% discount to Stated Value.
Available at participating custodians


SERIES OPTIONS / LIQUIDITY

Series A – Investor has the right to redeem the Preferred Stock at stated value, subject to a five-year declining conversion fee (9%,8%,7%,6%,5%,0%). See Prospectus for details.

Series M – Investor has the right to convert the Preferred Stock at stated value, subject to a 90-day dividend recapture in the first year. See Prospectus for details.

Death Put – 0% Conversion Fee