PSEC – A Prospect Capital Fund

Prospect Capital Provides $39.8 Million of First and Second Lien Debt and Equity for Recapitalization of Ajax Rolled Ring & Machine

April 4, 2008

NEW YORK, NY – (MARKET WIRE) – 04/04/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has provided $39.8
million of first and second lien debt and equity for the
recapitalization of Ajax Rolled Ring & Machine …