PSEC – A Prospect Capital Fund

Prospect Capital and Other Shareholders Enter Into Definitive Agreement to Sell NRG, With Prospect Expected to Receive up to $114 Million in Cash, a 59% or Greater Overall Internal Rate of Return, and Approximately $30 Million of Investment Income

January 23, 2012

NEW YORK, NY – (MARKET WIRE) – 01/23/12 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that Prospect and other
third-party shareholders have executed a stock purchase agreement to
sell their ownership interests in NRG Manu…