PSEC – A Prospect Capital Fund

Prospect Capital Announces Full Repayment of $20 Million Subordinated Term Loan to PMFG, Producing a 19% Realized Cash-on-Cash IRR

September 8, 2009

NEW YORK, NY – (MARKET WIRE) – 09/08/09 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that PMFG, Inc. (“PMFG”),
parent of Peerless Mfg. Co., has repaid to Prospect the entire balance
of its $20 million…