PSEC – A Prospect Capital Fund

Prospect Capital Provides $15 Million in Secured Financing to Palladium for Acquisition of Jordan Health, Plus Provides $18 Million in Secured Financing for Separate Transportation Services Acquisition

December 28, 2010

NEW YORK, NY – (MARKET WIRE) – 12/28/10 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a
second lien secured debt investment of $15 million to support the
acquisition of Jordan Healthcare H…