PSEC – A Prospect Capital Fund

Prospect Capital Corporation Prices Public Offering of Common Stock

February 23, 2012

NEW YORK, NY – (MARKET WIRE) – 02/23/12 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today the pricing of an
underwritten public offering of 12,000,000 shares of its common stock
at a price to the public of $10.95 pe…